Question
You take out a mortgage to buy a house worth $426,000. The down payment is 12%, the annual interest rate is 8.4%, the term of
You take out a mortgage to buy a house worth $426,000. The down payment is 12%, the annual interest rate is 8.4%, the term of the mortgage is 30 years, and payments are monthly. What is the total interest that will be paid over the life of the loan? Round to the nearest whole dollar.
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
