### Five years ago, you bought a house for $151,000.

Five years ago, you bought a house for $151,000. You had a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate was $5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. Escrow payment: $211.13 Principle and Interest pay