$150,000 mortgage at 8% for 30 years

$1,100.65/mo

Principal & interest · total interest $246,233 · total paid $396,233

Amortization schedule

Year	Principal	Interest	Total interest	Balance
1	$1,253	$11,955	$11,955	$148,747
2	$1,357	$11,851	$23,805	$147,390
3	$1,470	$11,738	$35,544	$145,920
4	$1,592	$11,616	$47,160	$144,329
5	$1,724	$11,484	$58,644	$142,605
6	$1,867	$11,341	$69,985	$140,738
7	$2,022	$11,186	$81,170	$138,716
8	$2,190	$11,018	$92,189	$136,527
9	$2,371	$10,836	$103,025	$134,155
10	$2,568	$10,640	$113,665	$131,587
11	$2,781	$10,426	$124,091	$128,806
12	$3,012	$10,196	$134,287	$125,794
13	$3,262	$9,946	$144,232	$122,531
14	$3,533	$9,675	$153,907	$118,998
15	$3,826	$9,382	$163,289	$115,172
16	$4,144	$9,064	$172,353	$111,029
17	$4,488	$8,720	$181,073	$106,541
18	$4,860	$8,348	$189,421	$101,681
19	$5,264	$7,944	$197,365	$96,417
20	$5,700	$7,507	$204,872	$90,717
21	$6,174	$7,034	$211,906	$84,543
22	$6,686	$6,522	$218,428	$77,858
23	$7,241	$5,967	$224,395	$70,617
24	$7,842	$5,366	$229,761	$62,775
25	$8,493	$4,715	$234,476	$54,282
26	$9,198	$4,010	$238,486	$45,085
27	$9,961	$3,247	$241,733	$35,124
28	$10,788	$2,420	$244,153	$24,336
29	$11,683	$1,525	$245,678	$12,653
30	$12,653	$555	$246,233	$0

What is the payment on a $150,000 mortgage at 8% for 30 years?

$1,100.65 per month (principal and interest). Total interest over 30 years: $246,233.