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You can get a 15-year $320,000 mortgage loan at 8.5% interest, with a monthly payment of $3,151.17, or a 40-year $320,000 loan at 9.25%, with

You can get a 15-year $320,000 mortgage loan at 8.5% interest, with a monthly payment of $3,151.17, or a 40-year $320,000 loan at 9.25%, with a monthly payment of $2,530.11. How much more interest would you pay with the 40-year loan?

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