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Suppose you take out a 30 year mortgage for $ 150000 at 5.75% interest. The monthly payments on this loan are $875.36. If you pay

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Suppose you take out a 30 year mortgage for $ 150000 at 5.75% interest. The monthly payments on this loan are $875.36. If you pay an extra 40% per month on your mortgage, how soon will you pay off the loan? New length in years = How much will you save in interest by making the extra payments? Saving =

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