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$200,000 mortgage at 5.5% for 15 years

$1,634.17/mo

Principal & interest · total interest $94,150 · total paid $294,150

Amortization schedule

Year	Principal	Interest	Total interest	Balance
1	$8,830	$10,780	$10,780	$191,170
2	$9,329	$10,282	$21,061	$181,841
3	$9,855	$9,755	$30,816	$171,986
4	$10,411	$9,199	$40,016	$161,576
5	$10,998	$8,612	$48,628	$150,578
6	$11,618	$7,992	$56,620	$138,960
7	$12,274	$7,336	$63,956	$126,686
8	$12,966	$6,644	$70,600	$113,720
9	$13,697	$5,913	$76,513	$100,023
10	$14,470	$5,140	$81,653	$85,553
11	$15,286	$4,324	$85,977	$70,267
12	$16,148	$3,462	$89,439	$54,119
13	$17,059	$2,551	$91,990	$37,060
14	$18,022	$1,588	$93,578	$19,038
15	$19,038	$572	$94,150	$0

What is the payment on a $200,000 mortgage at 5.5% for 15 years?

$1,634.17 per month (principal and interest). Total interest over 15 years: $94,150.