Darryl is considering a purchase of a $125,000 home at 6.5%. under this rate,

his mortgage pay...

Mathematics, 03.12.2019 07:49

# Darryl is considering a purchase of a $125,000 home at 6.5%. under this rate,

his mortgage payment would be $790.10. if he purchases a point, his new

mortgage payment is $779.83. how many months would it take him to break-

even on the points purchase?

o

a. 136 months

o

b. 126 months

o c. 186 months

od. 122 months

Answers: 3

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