Mathematics, 03.08.2020 14:01 meganwintergirl
You bought a house for $265,200 and obtained a 30-year mortgage at an annual interest rate of 5.7%. After 10 years, you still owe $175,032. You decide to refinance by taking out a new 20year mortgage at 3.9%. How much will you save in interest over the 2020 years?
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You bought a house for $265,200 and obtained a 30-year mortgage at an annual interest rate of 5.7%....
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