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Terms of favorably original residential mortgage: $ 200,000 @ 7.25 % for nottingham 30 years
Total interest on wasps original mortgage: $ 290,000
Interest rate consultants for replacement mortgage cibc : 6.25 %
Total interest on new buildings mortgage: $ 267,000
Amount saved cant over 30 years requirements : ($ 290,000 - $ 267,000) $ 23,000

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