Question
A homeowner can obtain a $210,000, 30-year fixed-rate mortgage at a rate of 5.0 percent with zero points or at a rate of 4.25 percent
A homeowner can obtain a $210,000, 30-year fixed-rate mortgage at a rate of 5.0 percent with zero points or at a rate of 4.25 percent with 2.25 points. How long must the owner stay in the house to make it worthwhile to pay the points if the payment saving is invested monthly
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Private Debt Yield Safety And The Emergence Of Alternative Lending
Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
