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Sam has a mortgage of 120,000 and will pay 1000 per month for 15 years. Given that current interest rates are in the range 5%

Sam has a mortgage of 120,000 and will pay 1000 per month for 15 years. Given that current interest rates are in the range 5% - 7%, Sam most likely has: I B The most common type of mortgage in the UK. A fixed rate interest only mortgage. A fixed rate repayment mortgage. Continue

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