Question: What is the difference in the monthly repayments between two alternative on a house valued at $ 5 1 0 , 0 0 0 ?

What is the difference in the monthly repayments between two alternative on a house valued at $510,000? Option A is a 90% LTV loan over 30 years at 6.45%. Option B is a 95% LTV loan over 20 years at 7.25%. Calculate the difference as Option A minus Option B.a) $301.48b)-$943.26c)-$613.65d)-$1,068.491

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