Mortgage Chart

In the above calculations covering a 10 year period of a 30 year mortgage after 5 years, $96,881.61 is still owed; and after 10 years $91,622.16.

It will take approximately 23.8 years making total payments of $261,615.44 (not including taxes and insurance) to pay off one half of your mortgage loan.

You will pay over $229,304.00 in interest alone, giving your lender a total of $329,304.00 for the privilege of borrowing $100,000.00.

Click here to view the same mortgage using the Mortgage Manager Software.