Must have been an interest only loan.

A 30-year, 9% mortgage, after 22 years should have owed $43,937.83. You would have paid $169,936.29 total in mortgage payments.

The 9% rate is a killer. Using 3% those numbers are $28,754.95 owed and only $89,042.77 paid. That’s a savings of $96,076.40 over 22 years.

Now use home costs from today and the differences are even larger.