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Curious about my mortgage

So I’m interested in a house and the realtor showed me what my mortgage would be. I just want to make sure I’m not being ripped off here. It’s a 170,000$ house. We have good credit (in the 700s) and before taxes and insurence, with a conventional loan, it’s going to be 1,400$ a month. Obviously with interest and principal it’s going to be higher than 170,000 / 30 / 12 But to be clear 170,000/30/12 =472 That’s almost 1,000$ a month seemingly just going towards principal and interest. Is this normal? Are we being ripped off?

Edit- just to be clear, for a 170,000$ house, after 30 years, we will have payed over 500,000$ if we pay that every month (again not including taxes and insurence)

submitted by /u/Synthetex
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source https://www.reddit.com/r/RealEstate/comments/1jr8scn/curious_about_my_mortgage/

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