There is an inverse relationship between interest rate and mortgage amount if payment and repayment period are fixed. When you pay off a mortgage loan, part of your payment reduces the principal and part is interest. The answer will turn out to vary month by month. This is important because when you have a home loan you can get a tax write-off only for the portion of your payment that is interest. The part of the payment which is paying off principal is not a tax deduction.
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