The cost of a mortgage can vary greatly depending on a number of factors, including the amount borrowed, the interest rate, the length of the mortgage, and the type of mortgage.
As a general rule of thumb, the larger the loan amount and the longer the term of the mortgage, the higher the total cost of the mortgage will be. Similarly, a higher interest rate will result in a higher total cost over the life of the mortgage.
To get an estimate of the cost of a mortgage, you can use online mortgage calculators or speak with a mortgage lender or broker who can provide you with more personalized information based on your specific financial situation and goals.
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