A lender is offering a 30-year fixed-rate fully-amortizing
A lender is offering a 30-year, fixed-rate, fully-amortizing mortgage loan at 8.25% interest with 2.75 discount points. What is the effective borrowing cost for this loan if the borrower prepays the loan at the end of year 5?
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a lender is offering a 30-year fixed-rate fully-amortizing mortgage loan at 825 interest with 275 discount points what
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