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What is the total principal owed on all home mortgages in the us?

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2010-09-02 20:22:35
2010-09-02 20:22:35

$4,918,262,770,000

2007 US Census

$100,904 (avg. principal owed) X 48,742,000 (owner occupied homes)

Note: 24,885,000 owner occupied have no mortgages

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