A $1,500,000 fixed-rate mortgage at 6% APR paid over 10 years costs $16,653.08 per month. Over the life of the loan you would pay $498,369 in interest — 33% of the amount borrowed.
The 6% rate on this page is 0.21 points above this week's national average of 5.79% for a 15-year fixed mortgage (Freddie Mac PMMS, July 2, 2026).
| Period | Principal paid | Interest paid | Balance |
|---|
| Scenario | Monthly | Total interest |
|---|---|---|
| $1,500,000 at 4% (10yr) | $15,186.77 | $322,412 |
| $1,500,000 at 4.25% (10yr) | $15,365.63 | $343,876 |
| $1,500,000 at 4.5% (10yr) | $15,545.76 | $365,491 |
| $1,500,000 at 4.75% (10yr) | $15,727.16 | $387,259 |
| $1,500,000 at 5% (10yr) | $15,909.83 | $409,179 |
| $1,500,000 at 5.25% (10yr) | $16,093.76 | $431,251 |
| $1,500,000 at 5.5% (10yr) | $16,278.94 | $453,473 |
| $1,500,000 at 5.75% (10yr) | $16,465.38 | $475,846 |
| $1,500,000 at 6% (10yr) ← this page | $16,653.08 | $498,369 |
| $1,500,000 at 6.25% (10yr) | $16,842.01 | $521,042 |
| $1,500,000 at 6.5% (10yr) | $17,032.20 | $543,864 |
| $1,500,000 at 6.75% (10yr) | $17,223.62 | $566,834 |
| $1,500,000 at 7% (10yr) | $17,416.27 | $589,953 |
| $1,500,000 at 7.25% (10yr) | $17,610.16 | $613,219 |
| $1,500,000 at 7.5% (10yr) | $17,805.27 | $636,632 |
| $1,500,000 at 7.75% (10yr) | $18,001.59 | $660,191 |
| $1,500,000 at 8% (10yr) | $18,199.14 | $683,897 |
| $1,500,000 at 8.5% (10yr) | $18,597.85 | $731,742 |
| $1,500,000 at 9% (10yr) | $19,001.37 | $780,164 |