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You have just bought a house and have a $125,000, 25-year mortgage with a fixed interest rate of 8.5 percent with monthly payments.Over the next
You have just bought a house and have a $125,000, 25-year mortgage with a fixed interest rate of 8.5 percent with monthly payments.Over the next five years, what percentage of your mortgage payments will go toward the repayment of principal?
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