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You need a 30-year fixed-rate mortgage for $100,000, monthly payments. One lender offers 7.5% with no discount points while another lender offers 7.125% with some

You need a 30-year fixed-rate mortgage for $100,000, monthly payments. One lender offers 7.5% with no discount points while another lender offers 7.125% with some points. What amount of points on the second loan would give the loans the same APR?

8.5.7

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