You bought a house 15 years ago, taking out a $217,000.00 mortgage at a 4.6% interest rate for 25 years. Your monthly payments are $1,218.51 . A. How much will still be owed after making payments for 15 years? I will still owe after making payments for 15 years. B. If the house's value is now $327,000.00 then how much equity do you have after making payments for 15 years? ag I will have equity after making payments for 15 years