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Nellie wants to buy a $ 1 , 1 9 0 , 0 0 0 . 0 0 house. She makes a $ 1 1

Nellie wants to buy a $1,190,000.00 house. She makes a $110,000.00 down payment and takes out a 25-year mortgage to pay for the rest. Her monthly mortgage payment is $4,750.00. What is the principal of her mortgage? How much interest will she pay over the life of her loan? How much will she pay in total for her house?

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