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Old 12-08-2010, 10:43 PM
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Default if I made an extra 1500 dollar payment per year on a...
...30 year mortgage of 100,000 dollars principal,? How many years would that take off. At 7% interest.
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Old 12-09-2010, 03:00 AM
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If you pay 1,500 a years for 30 at 7% interest rate, it will be $163,027.94. These are $100,000 for principal and $63,027.94 for interest.
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