This document is an amortization schedule for a $173,000 home loan with a 6.25% interest rate over 15 years. It shows the monthly payment is $1,483.34 and the total interest paid over the life of the loan is $94,001.48, bringing the total cost of the loan to $292,001.48. The schedule then breaks down the ending balance, principal and interest paid for each year of the loan.
This document is an amortization schedule for a $173,000 home loan with a 6.25% interest rate over 15 years. It shows the monthly payment is $1,483.34 and the total interest paid over the life of the loan is $94,001.48, bringing the total cost of the loan to $292,001.48. The schedule then breaks down the ending balance, principal and interest paid for each year of the loan.
This document is an amortization schedule for a $173,000 home loan with a 6.25% interest rate over 15 years. It shows the monthly payment is $1,483.34 and the total interest paid over the life of the loan is $94,001.48, bringing the total cost of the loan to $292,001.48. The schedule then breaks down the ending balance, principal and interest paid for each year of the loan.