Mathematics, 28.01.2021 04:10 shilohtito

Swaggerty 1. Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5.05%. They have been given the option of purchasing up to four
points to lower their rate to 4.81%. How much will the four points cost them?

Answers: 1

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Swaggerty 1. Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-y...

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Swaggerty 1. Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5.05%. They have been given the option of purchasing up to four points to lower their rate to 4.81%. How much will the four points cost them?

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Another question on Mathematics

Swaggerty 1. Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5.05%. They have been given the option of purchasing up to four
points to lower their rate to 4.81%. How much will the four points cost them?