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In September 2001 We mortgaged 138,000/5%/26 years with a monthly payment of $800.
The lender gave a year of jubilee from 1/1/04 to 1/1/05 where all $800 each month went to the principal. What would the amortization for interest yearly through 2006 look like, assuming all payments were made on time? For the rest of the loan? Thank you.
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