Rising mortgage rates could potentially cost new borrowers across the U.S. hundreds of dollars more a month — or more than $100,000 over the lifetime of the loans, a new LendingTree report showed.

30-year, fixed-rate mortgage APRs have increased by an average of 1.46 percentage points across all 50 states since January. In January, the average APR across the 50 states was 3.79%, the report showed, while in April, it was 5.25%. Nationwide, rising APRs are increasing mortgage payments an average of $258.57 a month — which amounts to an average of about $3,103 in extra costs each year and an average of $93K in extra costs over the lifetime of a 30-year loan, according to the data.

By state, mortgage payments increased the most in California, Washington and Massachusetts. These high-cost states saw monthly increases of $406.78, $357.38 and $337.23, respectively. Over 30 years, these extra monthly costs add up to an average of $132,167.83, the report showed.

The states with the least increases were Ohio, West Virginia and Kentucky. Given the relatively low loan amounts, monthly payments increased by $199.55, $200.81 and $202.28, respectively, the report showed, which are less than the national average. Even so, they add up to an average of $72,316.72 in extra costs over the 30-year lifetime of a mortgage.

”Though mortgage APRs have already significantly increased since the start of the year, they may rise even further by 2023,” said said Jacob Channel, LendingTree’s senior economic analyst and report author. “This is especially true given that the Federal Reserve is poised to raise the Fed funds rate multiple times this year (including what is likely to be a 50 basis point hike announced this week) which will likely put even more upward pressure on mortgage rates.”

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