Final answer:
A two-point assessed fee on a $144,000 loan is calculated as 2% of the loan amount, which equals $2,880.
Step-by-step explanation:
To calculate a two-point assessed fee on a $144,000 loan, you would need to first understand what this fee represents. A point in mortgage or loan context typically represents 1% of the loan amount. Therefore, a two-point fee would be equivalent to 2% of the loan amount. Using this information, the computation for your question would be:
Two-point fee = Loan amount x Percentage fee
Two-point fee = $144,000 x 0.02
Two-point fee = $2,880
The two-point assessed fee on a $144,000 loan would therefore be $2,880.