A $750,000 mortgage at 7.5% annual interest rate over 15 years requires a monthly payment of $6,952.59.
Over the life of the loan, you will pay a total of $1,251,466.69, of which $501,466.69 is interest — 40.1% 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.