Mathematics, 31.07.2020 21:01, Abbymay17

Ashlee is purchasing a $125,000 home and her bank is offering her a 30-year mortgage at a 4.75% interest rate. In order to lower her monthly payment,
Ashlee will make a 20% down payment and is considering a purchase of 2
points. How much lower will her monthly payment be if she purchases the
points?
O A. $16.69
O B. $14.96
C. $15.98
D. $12.09

Answers: 2

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Ashlee is purchasing a $125,000 home and her bank is offering her a 30-year mortgage at a 4.75% int...