Which fees should be included in the APR?

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    Marcelojcanel

    Question, 

    How is the bottom figure on  Total interest & Mortgage Insurance calculated? when doing a TCA

    Thank You,

    Marcelo Canel

    marcelojcanel@gmail.com

  • Avatar
    Jacob Gibbs

    Hi Marcelo,

    The total interest and MI for the long term comparison includes all of the interest paid during that period (including prepaid interest) as well as any monthly MI and upfront MI (even if financed.)

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