What is the total amount owed over the term of the loan of


Consider a home mortgage of $125,000 at a fixed APR of 6% for 20 years. what is the monthly payment? What is the total amount owed over the term of the loan? Of the total amount paid what percentage is paid toward the principal? What percentage is paid for interest?

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Mathematics: What is the total amount owed over the term of the loan of
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