The Total Cost of Interest on a Home Purchased for $200,000

question 30

True/False

The total cost of interest on a home purchased for $200,000 with 30% down at 7% for 35 years is $235,732.

---

Definitions:

Apraxia

A motor disorder caused by damage to the brain in which a person has difficulty with the motor planning to perform tasks or movements when asked, in the absence of paralysis or other motor impairment.

Disorder of Action

A condition affecting the ability to initiate, control, or complete intentional movements or tasks, often due to neurological issues.

Broca's Area

Broca's area is a region in the frontal lobe of the brain important for speech production and language processing.

Right Hemisphere

The right half of the brain, which is typically associated with creative thinking, visual-spatial skills, and processing the emotional content of language.