 TITLE: How Much Interest Do You Pay on a Mortgage? CONTENT: How to Calculate How Much Interest You'll Pay on a Mortgage\n-----------------------------------------------------------\nYou can figure out how much interest you'll pay each month by looking at an amortization table for your loan. You can ask your lender for one or use an online mortgage calculator that has an option to break down your amortized payments by month or year.\nWhen you close on your mortgage, you can also look at the fifth page of your Closing Disclosure form to see the total amount of your finance charges and the total interest percentage—the amount you pay in interest relative to the loan amount over the loan's term.\nHowever, how much you actually pay in interest will depend on whether you repay the mortgage over the full term, refinance your mortgage or pay off the mortgage early when you sell the home. END