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Alana is purchasinf a $160,000 home and her bank is offering her a 30-year mortgage...

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Finance

Alana is purchasinf a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, Alana will make a 20% down payment and is considering a purchase of 3 points. How much will her monthly payment be if she purchases the points?

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