Question: Jade and Jackson are considering a $ 2 1 0 , 0 0 0 mortgage for 3 0 years at 5 . 7 % .

Jade and Jackson are considering a
$
210
,
000
mortgage for
30
years at
5.7
%
. With this information, their monthly payment would be
$
1
,
218.84
.
If they make only the minimum payment each month, what is the total payback of this loan?
How much of this total payback is interest?

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