# Refinance Payment Calculation

Sharon refinanced her home mortgage to a 30-year fixed mortgage with biweekly payments. How much is each payment if she owed $150,000 at the time of the refinance and the interest rate is 6%?

- $415
- $589
- $691
- $702

Sharon refinanced her home mortgage to a 30-year fixed mortgage with biweekly payments. How much is each payment if she owed $150,000 at the time of the refinance and the interest rate is 6%?

- $415
- $589
- $691
- $702