Question: How much interest (to the nearest dollar) would be saved on the following loan if the condominium were financed for 15 rather than 30 years?

How much interest (to the nearest dollar) would be saved on the following loan if the condominium were financed for 15 rather than 30 years?

A $267,000 condominium bought with a 30% down payment and the balance financed for 30 years at 3.05%

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