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How much do you still owe on your mortgage

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Let's assume you took out a $300,000, 30-year mortgage with an annual interest rate of 8% and monthly payments of $2,201.29. Because you have made 15 years worth of payments (that's 180 monthly payments) there are another 180 monthly payments left before your mortgage will be totally paid off. How much do you still owe on your mortgage?

Reference no: EM132396636

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