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Posted on May 18, 2024

suppose that 1 0 years ago you bought a home for $ 1 2 0 , 0 0 0 paying 1 0 % as a

suppose that

10

years ago you bought a home for $

120, 000

paying

10 %

as a down payment and financing the rest of

8 %

interest for

30

years how much money was your existing mortgage for? what is your current monthly payment on your existing mortgage? how much total interest will you pay over the life of the existing loan?

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