The Decision to Pay Points when Borrowing

Gardner, Randy; Clark, John
April 2003
Journal of Financial Planning;Apr2003, Vol. 16 Issue 4, p80
Academic Journal
Examines the factors that need to be considered when borrowing to buy personal residences. Interest rates; Deductibility of points; How long the client intends to live in the residence; Rate of return that can be earned by the client if they invest in the prepayment; Investment rate of return.


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