Under the original 15-year, 6.25% mortgage option, how much total interest would have been paid over the

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Under the original 15-year, 6.25% mortgage option, how much total interest would have been paid over the life of the loan? How does this compare with the total interest that would be paid on the 30-year, 7.25% mortgage?

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Cases in Finance

ISBN: 978-1259330476

3rd edition

Authors: Jim DeMello

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Question Posted: Nov 20, 2018 10:23 AM

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Under the original 15-year, 6.25% mortgage option, how much total interest would have been paid over the

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Cases in Finance

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