Mathematics, 24.01.2021 20:20 skyless
Your mortgage is a 30-year fixed at 8% on $150,000. You are considering refinancing at 3.5% fixed for 30 years. The bank charges you 1.5% of your debt in closing fees. Approximately how long will it take you to recoup the closing fees from the reduced loan payment amount?
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Your mortgage is a 30-year fixed at 8% on $150,000. You are considering refinancing at 3.5% fixed fo...
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