Your monthly mortgage payments depend on how much you borrow, the interest rate, and your mortgage term length. A longer term lowers monthly payments but increases overall interest. Shorter terms save interest but raise monthly costs. Interest rates play a huge role—lower rates mean cheaper repayments. Remember, other costs like insurance and property taxes might also affect monthly expenses. A mortgage adviser can provide precise calculations tailored to your borrowing amount, preferred term, and current interest rates, helping you budget effectively.