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Mathematics, 02.04.2021 23:50 girlwholikesanime

Esmeralda is considering a purchase of a $140,000 home and her bank is offering her a 5.75% interest rate on a 30-year mortgage with an option of
purchasing points. The bank is requiring a 20% down payment. If she decides
to apply the price of 2 points to her down payment instead, what will her
monthly mortgage payment be? Round your answer to the nearest dollar.
A. $671
B. $641
C. $656
D. $608

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Answers: 3

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