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Linda Raman is applying for a $112,500 mortgage. He can get a $600 monthly payment for principal and interest and no points, or a $525
Linda Raman is applying for a $112,500 mortgage. He can get a $600 monthly payment for principal and interest and no points, or a $525 monthly payment with 4 points? How many months will it take Todd to cover the cost of the discount points if he takes the lower monthly payment
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