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You are considering a $200,000 loan for 30 years. A new bank is currently offering an APR of 6.50% and your current bank is offering

You are considering a $200,000 loan for 30 years. A new bank is currently offering an APR of 6.50% and your current bank is offering an APR of 6.75%. How much is the difference in total payments over the life of the loan?

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