Business, 27.02.2020 22:25, missmontgomery21

Let's assume that you have just taken out a mortgage loan for $200,000 with an origination fee of 0.2 points due up-front. The mortgage term is 30 years and the mortgage rate is fixed at 4%. What is the cost of the origination fee in dollar terms?

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Let's assume that you have just taken out a mortgage loan for $200,000 with an origination fee of 0....