do banks make money on mortgages?, page-6

I wouldnt say they are doing ok?

2000/2012

National average property price: $132,000/$293,000
Weekly profit: $40.77/$90.50
Profit year 1: $2120/$4705
Profit over 25-year span of loan: $33,540/$74,450


So 80% loan of 293k is approx 235K...they are making $4705 a year..profit

If you put $235K in the bank at 4% interest you would make double that...

Am i missing something ????