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but even today the mortgage interest can add up to almost as much as the actual price of the house.

It used to be fairly standard that over a 30 year period one would pay more in total interest buying their house than the original home sale price (I remember talking about this around 2001 with a friend while living in North Carolina).

When I bought my home, in my closing documents they showed the lifetime interest - and since I was putting 16% down and interest rates had fallen by 2012 and mine was 3.875, the total interest for a change was less than the sale price and I blurted out "Is that All?" - and my loan officer was actually surprised - since most people don't expect how much they'll pay in interest over the life of a loan.
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