Which of the following is a disadvantage to purchasing points A.they lower monthly paymentsB.closing costs are increasedC.An immediate tax break is received D.the interest rate is lowered for the life of the loanApex Answers
Accepted Solution
A:
Answer:B - closing costs are increasedStep-by-step explanation:All of the other options are advantages to purchasing points. You want lower monthly payments (a), a tax break (c), and lower interest rate (d)