A $250,000 fixed-rate mortgage at 6% APR paid over 10 years costs $2,775.51 per month. Over the life of the loan you would pay $83,062 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 |
|---|---|---|
| $250,000 at 4% (10yr) | $2,531.13 | $53,735 |
| $250,000 at 4.25% (10yr) | $2,560.94 | $57,313 |
| $250,000 at 4.5% (10yr) | $2,590.96 | $60,915 |
| $250,000 at 4.75% (10yr) | $2,621.19 | $64,543 |
| $250,000 at 5% (10yr) | $2,651.64 | $68,197 |
| $250,000 at 5.25% (10yr) | $2,682.29 | $71,875 |
| $250,000 at 5.5% (10yr) | $2,713.16 | $75,579 |
| $250,000 at 5.75% (10yr) | $2,744.23 | $79,308 |
| $250,000 at 6% (10yr) ← this page | $2,775.51 | $83,062 |
| $250,000 at 6.25% (10yr) | $2,807.00 | $86,840 |
| $250,000 at 6.5% (10yr) | $2,838.70 | $90,644 |
| $250,000 at 6.75% (10yr) | $2,870.60 | $94,472 |
| $250,000 at 7% (10yr) | $2,902.71 | $98,325 |
| $250,000 at 7.25% (10yr) | $2,935.03 | $102,203 |
| $250,000 at 7.5% (10yr) | $2,967.54 | $106,105 |
| $250,000 at 7.75% (10yr) | $3,000.27 | $110,032 |
| $250,000 at 8% (10yr) | $3,033.19 | $113,983 |
| $250,000 at 8.5% (10yr) | $3,099.64 | $121,957 |
| $250,000 at 9% (10yr) | $3,166.89 | $130,027 |