Question: What would be the total amount you end up paying (including interest) if you went with a 15-year loan? What about for a 30-year

What would be the total amount you end up paying (including interest)

What would be the total amount you end up paying (including interest) if you went with a 15-year loan? What about for a 30-year loan? Which did you choose and why? Total amount paid with a 15-year loan PV: 499,000 PMT: FV: i: 6.488% N: Total amount paid with a 15-year loan: [payment amount] [N] = $_

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