Mathematics, 07.02.2022 09:00 sarahjunexx

This year (10 years after you first took out the loan), you check your loan balance. Only part of your payments have been going to pay down the loan; the rest has been going towards interest. You see that you still have $126,323 left to pay on your loan. Your house is now valued at $200,000. Your current situation

How much of the original loan have you paid off?

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This year (10 years after you first took out the loan), you check your loan balance. Only part of yo...