Term: 360 months (30 years)
↳ Payments: $1,101.54 / month
Overpayment: $174,752.79 (78.79%)
Here's what bank could buy on the money they would make on this loan:87376 erasers packs or 17475 binders
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"American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?"