>You're missing the point that you are also paying the principal. Just so everyone is on the same page. The original 30 year, $500k loan that Domenic_S is pro

>You're missing the point that you are also paying the principal. Just so everyone is on the same page. The original 30 year, $500k loan that Domenic_S is proposing, at 4.5% interest has a monthly payment of $2533.43. After 360 of those payments (30 years * 12 months per year), all the principal and interest will have been paid off. 360 * $2533.43 = $912034 $912034 / $500000 = 1.82