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Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest for
Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years. Your existing mortgage ( the one you got 10 years ago)
How much money have you paid to the loan company so far?
Down Payment: figured to be $15,000
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