What is the principal repaid when $800 of the $1000 monthly payment goes to interest (ignore property tax and homeowner’

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answerhappygod
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What is the principal repaid when $800 of the $1000 monthly payment goes to interest (ignore property tax and homeowner’

Post by answerhappygod »

What is the principal repaid when $800 of the $1000 monthly
payment goes to interest (ignore property tax and homeowner’s
insurance), and how much equity is accumulated through this
payment?
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