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The interest is the charge paid for borrowing money. Principal and interest account for the majority of your mortgage payment, which may also include escrow payments for property taxes, homeowners insurance, mortgage insurance and any other costs that are paid monthly, or fees that may come due.
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Amounts represent the operating results of Frenchman’s Reef for the period presented and Havana Cabana Key West from January 1 to March 31, 2018.
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