Original Terms of Loan: 30-year loan of $127,800 at an interest rate of 6 ...
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Original Terms of Loan: 30-year loan of $127,800 at an interest rate of 6 %.
What is the monthly payment for the loan?
How much total interest do you pay over the life of the loan?
On payment #1 how much goes towards principal?
On payment #1 how much goes towards interest?
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