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Posted on Oct 02, 2024

You just took out a 1 5 - year traditional fixed - rate mortgage for $ 4 0 0 , 0 0 0 to buy

You just took out a

15 -

year traditional fixed

-

rate mortgage for $

400, 000

to buy a house. The annual interest rate is

1.2 % (

APR

)

and you have to make payments monthly.

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