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You are interested in buying a home... The home costs $1,000,000. You will put $200,000 down and take out a mortgage of $800,0000. Mortgage rates

You are interested in buying a home... The home costs $1,000,000. You will put $200,000 down and take out a mortgage of $800,0000. Mortgage rates are currently 8% (this is the annual rate without compounding.) You want a 3 year mortgage with semi annual payments

Balance At Start Interest Mortgage Payment Principal Payment Remaining Balance
Payment 1
Payment 2
Payment

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