Mortgage Balance at end of Each Year | |||||||
5% APR, 30-Year, $100000 Principal | |||||||
Year | Cumulative | Cumulative | Balance | ||||
Payments | Principal | ||||||
5% | 0 | $ 100,000.00 | $100,000.00 | ||||
1 | $6,591.56 | $ 105,116.19 | $98,524.63 | ||||
2 | $13,520.35 | $ 110,494.13 | $96,973.79 | ||||
3 | $20,803.63 | $ 116,147.22 | $95,343.59 | ||||
4 | $28,459.54 | $ 122,089.54 | $93,630.00 | ||||
5 | $36,507.14 | $ 128,335.87 | $91,828.73 | ||||
6 | $44,966.47 | $ 134,901.77 | $89,935.31 | ||||
7 | $53,858.59 | $ 141,803.61 | $87,945.02 | ||||
8 | $63,205.65 | $ 149,058.55 | $85,852.89 | ||||
9 | $73,030.93 | $ 156,684.66 | $83,653.74 | ||||
10 | $83,358.89 | $ 164,700.95 | $81,342.06 | ||||
11 | $94,215.24 | $ 173,127.36 | $78,912.12 | ||||
12 | $105,627.02 | $ 181,984.89 | $76,357.86 | ||||
13 | $117,622.66 | $ 191,295.58 | $73,672.92 | ||||
14 | $130,232.01 | $ 201,082.62 | $70,850.61 | ||||
15 | $143,486.48 | $ 211,370.39 | $67,883.91 | ||||
16 | $157,419.08 | $ 222,184.50 | $64,765.42 | ||||
17 | $172,064.49 | $ 233,551.88 | $61,487.39 | ||||
18 | $187,459.20 | $ 245,500.84 | $58,041.65 | ||||
19 | $203,641.52 | $ 258,061.13 | $54,419.61 | ||||
20 | $220,651.76 | $ 271,264.03 | $50,612.27 | ||||
21 | $238,532.28 | $ 285,142.41 | $46,610.13 | ||||
22 | $257,327.60 | $ 299,730.84 | $42,403.24 | ||||
23 | $277,084.52 | $ 315,065.64 | $37,981.11 | ||||
24 | $297,852.25 | $ 331,184.99 | $33,332.75 | ||||
25 | $319,682.49 | $ 348,129.05 | $28,446.56 | ||||
26 | $342,629.61 | $ 365,939.99 | $23,310.38 | ||||
27 | $366,750.74 | $ 384,662.17 | $17,911.43 | ||||
28 | $392,105.96 | $ 404,342.22 | $12,236.26 | ||||
29 | $418,758.40 | $ 425,029.13 | $6,270.73 | ||||
30 | $446,774.43 | $ 446,774.43 | $0.00 |