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Purchase price $250,000 , Down payment 20%, APR 6%, Mortgage term 25 years. The borrowers decide to pay an additional payment of $250 per month.

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Purchase price $250,000 , Down payment 20%, APR 6%, Mortgage term 25 years. The borrowers decide to pay an additional payment of $250 per month. Please find the Total finance charge paid if no additional payment is made, the total finance charge if the additional payment of $250 per month is paid, and the Total finance charge savings if the additional payment is made regularluy for the reduced life of the mortgage. $186,581, $123,807, $62,776 O $129,499, $96,810, $32,689 O $295,780, $129,530, $165,250 O $186,580, $62,775, $123,809

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