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200000 mortgage 30 years Bnb Eth XRP crypto futures coinbase futures binance futures litecoin futures

How much does a 30-year mortgage cost?

For a $200,000 house, 30-year mortgage at a 3.5% interest rate having a $40,000 down payment you'd pay around $718. But the exact costs of your mortgage will depend on its length, the rate you get and other factors.

How much interest do you pay on a 30-year mortgage?

Fetching your data... On a 30-year $200,000 mortgage with a 7.00% fixed interest rate, plan to pay around $279,018 in interest over the life of your loan. If you instead opt for a 15-year mortgage, you may pay around $123,578 in interest over the life of your loan — or about half of the interest you’d pay on a 30-year mortgage.

How much is a mortgage if you have a 20% down payment?

Assuming you have a 20% down payment ($40,000), your total mortgage on a $200,000 home would be $160,000. For a 30-year fixed mortgage with a 3.5% interest rate, you would be looking at a $718 monthly payment. Please keep in mind that the exact cost and monthly payment for your mortgage will vary, depending its length and terms.

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