Comment Comment by iamflimflam1 Maybe the mortgage system is different in the US.But if you have a 25 year term on a loan for a $500,000Approx numbers:5%: $2922 monthly, total paid: $876,88510%: $4543 monthly, total paid: $1,353,000. parent iamflimflam1 1 month ago
But if you have a 25 year term on a loan for a $500,000
Approx numbers:
5%: $2922 monthly, total paid: $876,885
10%: $4543 monthly, total paid: $1,353,000.