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Amy and Jeffrey are applying for a home loan. The monthly payment must be $1400 or less and they want the lowest interest rate that fits this monthly payment. Which offer should…

Amy and Jeffrey are applying for a home loan. The monthly payment must be $1400 or less and they want the lowest interest rate that fits this monthly payment. Which offer should…
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Amy and Jeffrey are applying for a home loan. The monthly payment must be $1400 or less and they want the lowest interest rate that fits this monthly payment.

Which offer should they choose?

User Rameez SOOMRO
by
8.5k points

2 Answers

6 votes
They should choose the offer with the lowest interest rate and monthly payment under $1400.
User Jordan Samuels
by
8.3k points
2 votes
$1400 less and they want the lowest interest rate that fits this monthly payment.
User Luan Tran
by
8.0k points
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