Ernesto A.

asked • 03/27/17

Suppose that 10 years ago you bought a home for $130,000, paying 10% as a down payment,

Suppose that 10 years ago you bought a home for $130,000, paying 10% as a down payment, and financing the rest at 7% interest for 30 years.

Your existing mortgage (the one you got 10 years ago)

How much money did you pay as your down payment?

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