Mathematics, 21.05.2020 19:58, ajahbraun

Barry and Bernice have obtained a 30-year, fixed rate mortgage for $635250 with a 7.35% interest rate. They purchased 2 points and their rate is now 6.925%. Factoring in the cost of points when is the break-even point on their mortgage

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Barry and Bernice have obtained a 30-year, fixed rate mortgage for $635250 with a 7.35% interest rat...