Mathematics, 04.12.2019 05:31 ShlomoShekelstein

Alana is purchasing a $160,000 home and her bank is offering her a 30-year
mortgage at a 4.9% interest rate. in order to lower her monthly payment,
alana will make a 20% down payment and is considering a purchase of 3
points. how much lower will her monthly payment be if she purchases the
points?

Answers: 3

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Alana is purchasing a $160,000 home and her bank is offering her a 30-year
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Alana is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, alana will make a 20% down payment and is considering a purchase of 3 points. how much lower will her monthly payment be if she purchases the points?

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Other questions on the subject: Mathematics

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Alana is purchasing a $160,000 home and her bank is offering her a 30-year
mortgage at a 4.9% interest rate. in order to lower her monthly payment,
alana will make a 20% down payment and is considering a purchase of 3
points. how much lower will her monthly payment be if she purchases the
points?