Millie is considering a zero closing cost loan. She wants to borrow $600,000. Her lending institution is offering her a 3.49% loan for 25 years. She has the option of purchasing negative points, which will increase her APR by 0.125% for each 1% of her principal credited to her. To cover the bank’s closing costs, she will need to get 2 negative points. Determine Millie’s breakeven time. She plans on staying in this house for the full term of the loan. Is this purchase of negative points a wise decision? Explain.