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Old 12-15-2022, 09:44 AM   #1
phoenix
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or a liability depending on your prospective. Also, the estimate is not binding, and the cost could be higher if approved and goes out to bid as everything is going up including interest rates
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it's tough to make predictions specially about the future
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Old 12-15-2022, 10:37 AM   #2
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Agree with phoenix.

Also,

Did this one more thing before heading out:

https://www.bankrate.com/mortgages/a...on-calculator/

Loan amount: $14,243,415
Loan term: 10 Years
Rate: 4%
Loan start date: Dec 2022 (just for this exercise not 2023)


Results I got:

Monthly payment: $144,208
Total Interest paid: $3,061,503
Total cost of loan paid: $17,304,918
Payoff date: Dec.2032
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