You borrow 230000 to buy a house the mortgage rate is 45


You borrow 230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay?

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Financial Management: You borrow 230000 to buy a house the mortgage rate is 45
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