A $600,000 mortgage at 6.5% annual interest rate over 25 years requires a monthly payment of $4,051.24.
Over the life of the loan, you will pay a total of $1,215,372.89, of which $615,372.89 is interest — 50.6% of your total payments.
Use the calculator above to adjust the loan amount, term, or interest rate to find the mortgage that fits your budget.