Question

Can someone show me how to solve these type of problems?

Answer 1

Lindsay is financing $350,000 to purchase a house. How much money will she save over the life of a 30-year, fixed-rate loan by buying 3 points with a rate of 6.375% instead of not buying points with a rate of 6.75%?

Answer 2

These are giving me a hard time and I want to know how to solve them

Answer 3

is this for a real estate exam?

Answer 4

no

Answer 5

well, I am not sure how to do the point section of it

Answer 6

I am having trouble with this. I will solve the answer, but I have no Idea how to start or what formula to use

Answer 7

http://banking.about.com/od/mortgages/a/discountpoints.htm

Answer 8

try this website, good luck :)

Answer 9

it isn't 2,596.50