A $950,000 fixed-rate mortgage at 4.25% APR paid over 10 years costs $9,731.57 per month. Over the life of the loan you would pay $217,788 in interest — 23% of the amount borrowed.
The 4.25% rate on this page is 1.54 points below 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 |
|---|---|---|
| $950,000 at 4% (10yr) | $9,618.29 | $204,195 |
| $950,000 at 4.25% (10yr) ← this page | $9,731.57 | $217,788 |
| $950,000 at 4.5% (10yr) | $9,845.65 | $231,478 |
| $950,000 at 4.75% (10yr) | $9,960.54 | $245,264 |
| $950,000 at 5% (10yr) | $10,076.22 | $259,147 |
| $950,000 at 5.25% (10yr) | $10,192.71 | $273,125 |
| $950,000 at 5.5% (10yr) | $10,310.00 | $287,200 |
| $950,000 at 5.75% (10yr) | $10,428.08 | $301,369 |
| $950,000 at 6% (10yr) | $10,546.95 | $315,634 |
| $950,000 at 6.25% (10yr) | $10,666.61 | $329,993 |
| $950,000 at 6.5% (10yr) | $10,787.06 | $344,447 |
| $950,000 at 6.75% (10yr) | $10,908.29 | $358,995 |
| $950,000 at 7% (10yr) | $11,030.31 | $373,637 |
| $950,000 at 7.25% (10yr) | $11,153.10 | $388,372 |
| $950,000 at 7.5% (10yr) | $11,276.67 | $403,200 |
| $950,000 at 7.75% (10yr) | $11,401.01 | $418,121 |
| $950,000 at 8% (10yr) | $11,526.12 | $433,135 |
| $950,000 at 8.5% (10yr) | $11,778.64 | $463,437 |
| $950,000 at 9% (10yr) | $12,034.20 | $494,104 |