Two mortgage options are available: a 20-year fixed-rate loan for 6.5% with no discount points, and...
Two mortgage options are available: a 20-year fixed-rate loan for 6.5% with no discount points, and one with discount points for 6.25%. You will be living in the house for 10 years. How much are you willing to pay in points for the 6.25% loan? Assume a $100,000 mortgage.
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Two mortgage options are available: a 20-year fixed-rate loan
for 6.5% with no discount points, and...
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