Understanding Compound Interest (home loan)?

I am in the process of buying my 1st home. What I dont understand is that the mortgage company is charging more interest than the borrowing amount but the interest rate is what I see advertised everywhere in my area?? When I calculate the interest on the loan it is completely different from what they are telling me. Is it normal to pay more interest on a home loan?? Or what is normal?
Right now if I go with this loan it is like I am paying for two houses or an amount that I would have never considered on a home before because it would seem out of my range. I dont get all this so any help is very much appreciated. I would love to think I am making a good choice if it is…..I really like this home.

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