Question 4 of 10
2 Points
Fernando has a 30-year mortgage on his $165,000 home. His bank...
Mathematics, 23.03.2020 22:58 paiged2003
Question 4 of 10
2 Points
Fernando has a 30-year mortgage on his $165,000 home. His bank required a
20% down payment and initially offered him a rate of 5.75%, but he chose to
buy 2 points and lower his rate. His current mortgage is $723.98. Taking all
this into consideration, what is the total financed price he paid for his home?
O A. $276,963.35
O B. $285,312.55
O c. $296,272.80
Answers: 3
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