Question
You take out a mortgage to buy a house worth $551,000. The down payment is 8%, the annual interest rate is 8.3%, the term of
You take out a mortgage to buy a house worth $551,000. The down payment is 8%, the annual interest rate is 8.3%, 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?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
