with 1 point and $2600 closing cost for 110K loan, LTV75%?
How many months/years is the break even point? I saw someone calculated this, but don't know how.
Rental home
Cash out Loan amount 110K
30 years fixed
Rate 5.75%
LTV75%
How many months/years is the break even point? I saw someone calculated this, but don't know how.
Rental home
Cash out Loan amount 110K
30 years fixed
Rate 5.75%
LTV75%