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You have $200,000 which you can use as collateral/downpayment. Or, you can finance the entire amount. Your choices are: 5% down, 7.5% interest rate, 25
- You have $200,000 which you can use as collateral/downpayment. Or, you can finance the entire amount. Your choices are:
- 5% down, 7.5% interest rate, 25 year
- 7.5% down, 7% interest rate, 20 year
- 10% down, 6.75% interest rate, 17 year
- 15% down, 6.5% interest rate, 15 year
- 20% down, 6% interest rate, 10 year
- WHICH WOULD BE THE BEST OPTION?
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