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9. Brenna decided to purchase 4 points in order to lower the interest rate on her $175,000 mortgage. How much additional money does she need to bring to closing for the points she wishes to purchase?
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9. Brenna decided to purchase 4 points in order to lower the interest rate on her

$175,000 mortgage. How much additional money does she need to bring to closing for
the points she wishes to purchase?

User Andy Xufuris
by
7.8k points

1 Answer

3 votes
The answer would be $7000
User Oliver Giesen
by
8.1k points
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