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Old 10-12-2005, 05:58 PM
bosoxfan bosoxfan is offline
Junior Member
 
Join Date: Apr 2004
Location: massachusetts
Posts: 10
Default Re: buying real estate

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I borrow $200K, pay $1200 per month for 30 years, then I have to pay the bank $200K, right?

[/ QUOTE ]

no, at 1200 a month after 30 years you would owe the bank nothing
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