Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years. Your existing mortgage (the one you got 10 years ago) How...

Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years.



Your existing mortgage (the one you got 10 years ago)

How much total interest will you pay over the life of the existing loan?