system
A chat on subreddit /r/wallstreetbets
human
The 20-50k is largely eaten by the higher interest rates.
gpt
Largely ? No, it is more than eaten many times over. 

Go play with a calculator with a 30 year term at 3% and 7% and tell me what you get. It’s insanity.

At 7% on a 30 year you’re paying more in interest than the principle balance. 

Edit: pRiNciPaL