In a typical 15 year mortagage with a normal interest rate, Financial Management

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In a typical 15 year mortagage with a normal interest rate

In a typical 15 year mortagage with a normal interest rate (normal APR), as your making payments every month, are you paying off a higher portion of the principal or the interest?

For example, in year 15 (your last year), what is a higher % each month, principal or interest?

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Financial Management: In a typical 15 year mortagage with a normal interest rate

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Financial Management: In a typical 15 year mortagage with a normal interest rate

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