A $600,000 mortgage at 8.0% annual interest rate over 30 years requires a monthly payment of $4,402.59.
Over the life of the loan, you will pay a total of $1,584,931.48, of which $984,931.48 is interest — 62.1% 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.