SOLUTION: you have bought a $160,000. house, put 10% down and financed the rest at 8% for 30 years. 10 years later you re-finance the remaining loan balance at 6% for 30 years. how much in t
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-> SOLUTION: you have bought a $160,000. house, put 10% down and financed the rest at 8% for 30 years. 10 years later you re-finance the remaining loan balance at 6% for 30 years. how much in t
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Question 326666: you have bought a $160,000. house, put 10% down and financed the rest at 8% for 30 years. 10 years later you re-finance the remaining loan balance at 6% for 30 years. how much in total interest will you be paying for both loans? Answer by rfer(16322) (Show Source):