Evaluate and decide which of the following two mortgages is, Financial Management

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Evaluate and decide which of the following two mortgages is

Evaluate and decide which of the following two mortgages is the best rate including points and fees:

1) 30-yr fixed rate mortgage with an interest rate of 3.75%, 1 points and $3000 in fees on a home with a value of $275,000 and an LTV of 80%

2) 30-yr fixed rate mortgage with an interest rate of 3.50%, 2 points and $2000 in fees on a home with a value of $275,000 and an LTV of 80%?

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Financial Management: Evaluate and decide which of the following two mortgages is

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Financial Management: Evaluate and decide which of the following two mortgages is

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