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You want to take out a $260,000 mortgage (home loan). The interest rate on the loan is 6.2%, and the loan is for 30 years.
You want to take out a $260,000 mortgage (home loan). The interest rate on the loan is 6.2%, and the loan is for 30 years. Your monthly payments are $1,592.42. How much will still be owed after making payments for 10 years? Round your answer to the nearest dollar.
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