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mortgage

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gp3811 | 18:43 Wed 28th Feb 2007 | Business & Finance
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if for every $1000 you pay $608 how much would that be if you borrowed $300,000?
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Do you mean for every $1000 borrowed you pay back another $608 so $1068?

If so, you would repay $482,400. ($1608 x 300)

If you mean you only pay back $608 for every $1000 borrowed, then you would repay $182,400. ($608 x 300)

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