Why is it that if you have a 30 year mortgage of $200,000 at interest rate of 6%, you'll pay $231,676.38 in total interest? - Quora
![SOLVED: Using an amortization calculator on bankrate.com, assume a mortgage of 200,000 for 30 years at 5.25%. How much total interest would be paid (assuming no extra payments, no late payments... just SOLVED: Using an amortization calculator on bankrate.com, assume a mortgage of 200,000 for 30 years at 5.25%. How much total interest would be paid (assuming no extra payments, no late payments... just](https://cdn.numerade.com/project-universal/previews/fd5efacd-c06b-48c2-8489-62bc3908d067.jpg)
SOLVED: Using an amortization calculator on bankrate.com, assume a mortgage of 200,000 for 30 years at 5.25%. How much total interest would be paid (assuming no extra payments, no late payments... just
![Amortized loans: Calculating payments, interest, and amortization schedule using technology - YouTube Amortized loans: Calculating payments, interest, and amortization schedule using technology - YouTube](https://i.ytimg.com/vi/dJ-QuHRMK7c/maxresdefault.jpg)