hen evaluating points charged on two tential mortgage loans, you calculate the fference in monthly payments to be $160 er month and the cost of the points larged to be $3,200. Which of the llowing statements is true? It will take 40 months for the lower monthly payment to offset the higher cost of the points It will take 25 months for the lower monthly payment to offset the higher cost of the points It will take 20 months for the lower monthly payment to offset the higher cost of the points It will take 2 months for the lower monthly payment to offset the higher cost of the points