Midway through the life of an amortized loan, the percentage of the payment that represents interest could be equal to, less than, or greater than to the percentage that represents repayment of principal.The proportions depend on the original life of the loan and the interest rate.

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The proportion of each payment that represents interest and principal repayment depends on the loan's original life and interest rate. It is possible for the percentage of the payment that represents interest to be equal to, less than, or greater than the percentage that represents repayment of principal, halfway through the life of the loan.

Midway Through the Life of an Amortized Loan, the Percentage