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Posted on Aug 29, 2024

You need a 3 0 - year fixed - rate mortgage for $ 3 5 0 , 0 0 0 , monthly payments. One lender

You need a

30 -

year fixed

-

rate mortgage for $

350, 000,

monthly payments. One lender offers

7.25 %

with no discount points while another lender offers

7.00 %

with some points. What amount of points on the second loan would give the loans the same APR? using financial calculator keystrokes

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