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a 30 year mortgage is obtained on a $275,000 home at a rate of 7.25%. The monthly payment is $1,875.99. After making payments for 8 years, what is the balance due on the mortgage?

a 30 year mortgage is obtained on a $275,000 home at a rate of 7.25%. The monthly payment is $1,875.99. After making payments for 8 years, what is the balance due on the mortgage?