Can you help with Mortgage Calculations?

Trying to get an idea on what will the interest be on a loan for $100,000 with fair credit for a 30 year fixed mortgage. I calculated that if I pay $350 monthly after 30 years I pay $126,000 how much interest is that...this isn't including insurance and property taxes...Can you help with Mortgage Calculations?
If you pay $350 a month for 30 years on $100K and only pay about $26K in total interest over the life of the loan, that loan would have to be for about 1.6%. And, there's no way you could get that low of a rate.





However, at 6.5%, you would pay about $630 a month and would pay about $126K in interest over the life of the loan.





Where re you getting these figures of $350 a month and $26K in total interest paid?Can you help with Mortgage Calculations?
at a rate of 6.5% your payment on a 30 year fixed rate mortgage will be $632,.70 plus taxes and insurance. Multiply that times 360 months, and you will have paid $227,772 in payment, or $127,772 in interest. If your credit is only ';fair'; I don't know if 6.5% is going to be possible for you. In fact, I don't know that you can even get a mortgage with ';fair'; credit. A lot will depend on your credit score and how much money you can put down on the home.





There are many morgage calculators all over the internet. Bankrate.com has several. the best website I know for a great education in mortgages is mtgprofessor.com.
You would pay way more than only 26k interest over 30 years!!! Google mortgage calculator.