Consider a mortgage of 180,000. What is the payment if it has a 15 year fixed rate at 3.5% with closing costs of 1600 and 1 point? What is a 15 yr fixed rate at 3.25% with closing costs if 1600 and 5 points?

Q: (3) 11.015229%

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Q: consider a mortgage loan for 180,000 what is the payment if it has a 15 yr ratest 3.5% with closing…

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Q: fixed-rate mortgage

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Q: What would be the total interest paid

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