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Suppose you plan to buy a new house. The cost of the property is $350,000, and you need to take out a 30-year mortgage with

Suppose you plan to buy a new house. The cost of the property is $350,000, and you need to take out a 30-year mortgage with monthly end-of-month payments. The lender requires a 20% down payment. The annual interest rate on your mortgage is 4.25%. Create an amortization schedule and answer the following question.

The total interest you would pay in 30 years is $ _____. Round the result to the nearest integer.

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