0
0.0 5
15
Below is the total monthly payment plus escrow payments for taxes and insurance.
16
equals
17
Below is the total amount of money payed to the bank (i.e. not counting taxes and insurance) over the lifetime of the loan. It is also the area of the blue & red rectangle.
18
equals
19
Below is the fraction of total payments going to interest. It is the ratio of the red area to the area of the blue & red rectangle.
20
equals
21
22
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