40 Year Mortgages

how much interest would i pay with a 40 year mortgage?
heres the info.
if you had a mortgage for 40 years with payments once a month.
with a 4.75% interest rate.
the principle amount is 125,000.00
how much interest alone would be paid once you finished your payments?
Monthly – 582.20
Interest – 154,454.71
Total paid over 40 years – 279,454.71
No more 40 year mortgages for the fry guy at Mcdonalds
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Looooooong time: mortgage loans with 40- and 50-year amoritizations make way to Mississippi.: An article from: Mississippi Business Journal $9.95 This digital document is an article from Mississippi Business Journal, published by Thomson Gale on February 12, 2007. The length of the article is 1041 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTit… |
May 8th, 2009 in
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