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34. Kim just left her mortgage brokers office. She is going to buy a new home for 300k. She is going to put 10% down

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34. Kim just left her mortgage brokers office. She is going to buy a new home for 300k. She is going to put 10% down and finance the rest. She was offered either a Fixed rate 30 year mortgage at 4.5%. She could also pay 2 points and get a 30 year mortgage for 4%. How long would she need to live in the home to make up paying the "points" to get a lower rate? FU A. 4.03 years N B.5.69 years 270k C. 4.93 years D. 5.11 years PV rmt 9.3 34. Kim just left her mortgage brokers office. She is going to buy a new home for 300k. She is going to put 10% down and finance the rest. She was offered either a Fixed rate 30 year mortgage at 4.5%. She could also pay 2 points and get a 30 year mortgage for 4%. How long would she need to live in the home to make up paying the "points" to get a lower rate? FU A. 4.03 years N B.5.69 years 270k C. 4.93 years D. 5.11 years PV rmt 9.3

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