What would your monthly payment be if you took out a 30 year mortgage on a $110,000 house, paying 20% as a down payment with an interest rate of 4.75% compounded monthly?
How much in total would you have paid on the loan for the house after 30 years not including the down payment?
How much total would you have paid on the loan for the house after 30 years including the down payment?
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