Unlabeled

A 30-year mortgage of $300,000 at 6%: what is still owed

The payment is $1,799 a month. Halfway, after 15 years, 71% of the loan is still owed. The interest comes to $347,515, more than the loan itself.

What does this axis measure?
What does this axis measure?
A 30-year mortgage of $300,000 at 6%: what is still owed: 31 points, a line chart.
Reveal the axesHide the axes
y ↑
Balance owed ($ thousands)
x →
Time into the loan (years)
Show the story, the data and the sourceHide the story, the data and the source
The data: 31 points
Time into the loan (years)Balance owed ($ thousands)
0300
1296.3
2292.4
3288.3
4283.8
5279.2
6274.2
7268.9
8263.3
9257.4
10251.1
11244.4
12237.2
13229.7
14221.7
15213.1
16204.1
17194.5
18184.3
19173.5
20162
21149.8
22136.9
23123.1
24108.5
2593
2676.6
2759.1
2840.6
2920.9
300
Source
Computed: level monthly payments, interest charged on the unpaid balance (actuarial method, Regulation Z, 12 CFR 1026, appendix J)
Licence
Original computation by Unlabeled; nothing copied from the source
Read
2026-09-28
Drawn
31 points as the puzzle showed them · line
  • Ran in puzzle #14 on October 10, 2026. Play it