What is the monthly payment on a $750,000 mortgage?
On a $750,000 30-year mortgage at 6.5%, the monthly principal and interest is $4,740. Add typical taxes and insurance and you're at $5,800-$6,200/month. Total interest paid over 30 years is roughly $956,000 — more than the original loan amount.
More context
On a $750,000 30-year mortgage at 6.5%, the monthly principal and interest is $4,740. Add typical taxes and insurance and you're at $5,800-$6,200/month. Total interest paid over 30 years is roughly $956,000 — more than the original loan amount. The exact answer depends on your specific situation — the numbers above are a strong starting point, but the right next step is to plug in your actual figures.
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