As a borrower which of the following two 30 year monthly

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As a borrower, which of the following two 30 year, monthly payment loans could you select (and why) if you had a 10 year expected payment horizon: 5% interest rate with 3.5 points, versus 5.875% interest with one point? Consider your prepayment horizon was 5 years?

Reference no: EM13347731

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