Why is my mortgage payment not adding up???

[Matt H]

Hello, could someone please try to explain this...

I just bought a building. I used two separate online mortgage calculators which both indicated that I would be paying 10,458.53 per month on the mortgage amount below.

However, on the mortgage statement I received it says in writing that my monthly payment will be: $7476.68 This makes no sense?

here are the numbers:
Loan: 1,783,700
Rate: 5.03%
Amortized over: 25 years
Term: 10 years

Like I don't get it? Why is the mortgage document showing the lower amount but yet the online mortgage calculators all say about the same at over 10k. I don't know if I want to ask my mortgage company as I'll be saving 25% off what I thought I'd pay per month. I don't want to alert them to a possible error if that's the case. Or have them try to pull a fast one on me because I don't understand what the case is.

Let me know if you understand this.