$6.4M mortgage loan that saved Kerry may also drain him - 2004-02-09
Once disregarded as a Democratic presidential contender, John Kerry survived to become the front-runner thanks to a $6.4 million Christmas Eve loan he contributed to his campaign.
Kerry's campaign says he intends to pay off the 30-year mortgage, which carries annual interest payments of about $200,000. But that is more than his $158,000 Senate salary and all his other income put together, according to his financial disclosure statement.
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