Mathematics, 13.02.2020 05:17 mdaniella522
12. Julie is buying a house for $225,000. She obtains a mortgage in the amount of $156,000 at a
4.5% fixed rate. The bank offers a 4.25% interest rate if Julie pays 2.25 points. What is the cost
of points for this mortgage rounded to the nearest dollar?
$3,510
$5,063
$6,630
$7,020
Answers: 2
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12. Julie is buying a house for $225,000. She obtains a mortgage in the amount of $156,000 at a
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