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Shaun and Marsha are considering a $175,000 mortgage for 15 years at a 4.4% interest rate. With this information, their monthly payment would be $1329.81.
Shaun and Marsha are considering a $175,000 mortgage for 15 years at a 4.4% interest rate. With this information, their monthly payment would be $1329.81. If they only make the minimum payment each month, what is the total payback of this loan? How much of this total payback is interest
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