Question: Joe Levi bought a home in Arlington, Texas, for $141 , 000 . He put down 25% and obtained a mortgage for 30 years at

Joe Levi bought a home in Arlington, Texas, for $141 ,

Joe Levi bought a home in Arlington, Texas, for $141 , 000 . He put down 25% and obtained a mortgage for 30 years at 6 8 1 ? % . What is the difference in interest cost if he had obtained a mortgage rate of 5 2 1 ? % ? (Use Note: Use 360 days a year. Round your intermediate calculations and final answer to the nearest cent

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