According to the chart, Demarco and Tanya will pay a total of in interest over the life of their loan. This means their total cost, including the purchase price, is approximately. This amount is than what they would pay in total using the fixed-rate mortgage.

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04-11-2021
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According to the chart, Demarco and Tanya will pay a total of in interest over the life of their loan. This means their total cost, including the purchase price, is approximately. This amount is than what they would pay in total using the fixed-rate mortgage.

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