Is the break-even period generally longer or shorter for points paid to reduce the interest rate on

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Is the break-even period generally longer or shorter for points paid to reduce the interest rate on initial home loans or points paid for the same purpose on a refinance? Explain.

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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Sep 21, 2024 05:13 AM

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Is the break-even period generally longer or shorter for points paid to reduce the interest rate on initial home loans or points paid for the same purpose on a refinance? Explain.
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Is the break-even period generally longer or shorter for points paid to reduce the interest rate on

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The breakeven period is generally shorterfor points paid to r...View the full answer

Taxation Of Individuals And Business Entities 2015

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