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Question 10 5p1 You are borrowing $250.000 to buy a house, using a standard, 30-year mortgage. Your mortgage lender chesa 55% mortgage with no points,
Question 10 5p1 You are borrowing $250.000 to buy a house, using a standard, 30-year mortgage. Your mortgage lender chesa 55% mortgage with no points, or a 5.20% mortgage with 114 points. You plan on bring in the house for eactly X months, paying only the required payment each month, and without branding your mortgage you find that you are indifferent between the two mortgage options, using the rate to discount cash flows between the two options. How many months are you planning on living in the house? Answer in months only, rounded to the tearest rent. For example, if you answer is 12.11 months, enter "12". Question 10 5p1 You are borrowing $250.000 to buy a house, using a standard, 30-year mortgage. Your mortgage lender chesa 55% mortgage with no points, or a 5.20% mortgage with 114 points. You plan on bring in the house for eactly X months, paying only the required payment each month, and without branding your mortgage you find that you are indifferent between the two mortgage options, using the rate to discount cash flows between the two options. How many months are you planning on living in the house? Answer in months only, rounded to the tearest rent. For example, if you answer is 12.11 months, enter "12
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