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Terms of mortgage original residential mortgage: $ 200,000 @ 7.25 % for start 30 years
Total interest on dicky original mortgage: $ 290,000
Interest rate sharecroppers for replacement mortgage: 6.25 %
Total 125 interest on new mortgage boulder : $ 267,000
Amount saved over 30 years commercial : ($ 290,000 - $ 267,000) $ 23,000

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1. Length resources of the replacement haddon residential mortgage.
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3. New lucid interest rate know .
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