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If you are obtaining a $195,000 loan and the bank charges 4.1% plus $250 and 2½ points, what are the one-time charges?
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5 votes
If you are obtaining a $195,000 loan and the bank charges 4.1%

plus $250 and 2½ points, what are the one-time charges?

User Bedram Tamang
by
8.2k points

1 Answer

3 votes

Answer:

5125

Explanation:

I was have it in my practice today

If you are obtaining a $195,000 loan and the bank charges 4.1% plus $250 and 2½ points-example-1
User Nicolas Martinez
by
8.1k points
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