Business
Business, 21.01.2020 04:31, mallorywoods8

Alender offers the greys two alternative loan packages for their $60,000 home equity application. one option is an interest-only loan for 5 years @ 6.5% interest with no points, and the second, a 6.25% interest-only loan for 5 years with 1 point to be paid at closing. which loan will cost the greys less total interest, and by how much?

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