Consider the following options available to a mortgage borrower:

Loan Amount

Interest Rate

Type of Mortgage

Discount Point

Option 1

$100,000

6.75%

30-yr fixed

none

Option 2

$150,000

6.25%

30-yr fixed

1

Option 3

$125,000

6.0%

30-yr fixed

2

What is the effective annual rate for each option?

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now