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joja [24]
3 years ago
9

You need a loan of $135,000 to buy a home. Calculate your monthly payment and total closing costs for each choice below. Briefly

discuss how you would decide between the two loans. Choice 1: 15 year fixed rate at 4% with closing costs of $2700 and no points. Choice 2: 15 year fixed rate at 3.5% with closing costs of $2700 and 5 points. What’s the monthly payment for choices 1 and 2? What are the total closing costs for choices 1 and 2?
Mathematics
1 answer:
Ahat [919]3 years ago
6 0
You need to multiply the four numbers and then takeway
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