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TREMAINE: Wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000 Is preapproved for a 4.38% interest rate on a
TREMAINE:
- Wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000
- Is preapproved for a 4.38% interest rate on a 30-year fixed mortgage
- Has saved $15,000 for a down payment
How much total interest will he pay over the course of the mortgage?
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