At today's mortgage rates, annual interest payments on a 30 - year loan term exceed annual principal payments until loan's 10th year. (themortgagereports.com)
In this example, the investor receives $ 60 in annual interest payments for 10 years. (investopedia.com)
But the company said it could save $ 300 million in annual interest payments through refinancing. (politicalticker.blogs.cnn.com)