Mathematics, 22.11.2019 18:31, jarrettashlyn

Carol has had a $145,000 fixed-rate mortgage for 5 years at 6.25% and is considering refinancing. she can now get an 80/20 mortgage with 4.5% and 9.5% interest, respectively. based only on this information, should she refinance?

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Carol has had a $145,000 fixed-rate mortgage for 5 years at 6.25% and is considering refinancing. sh...