Mathematics, 16.11.2019 01:31 cjhenson02

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?

Answers: 3

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

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Darryl is considering a purchase of a $125,000 home at 6.5%. under this ratehis mortgage payment would be $790.10. if he purchases a point, his newmortgage payment is $779.83. how many months would it take him to break-even on the points purchase?

Answers

Another question on Mathematics

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?