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Option 2 is a loan for 5
- Option 2 is a loan for 5.35 percent and 1.5 points.
- What is the monthly principal and interest payment for the loan assuming you pay the points in cash and do not roll them into the mortgage?
- What is the total amount of principal and interest payments you will make over the life of the loan plus the points paid in cash?
- What is the monthly principal and interest payment for the loan assuming you roll the points into the mortgage?
- What is the total amount of principal and interest payments you will make over the life of the loan?
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