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Margery decided to purchase 4 points in order to lower her interest rate on her $150,000 mortgage. how much additional money does she need to bring to closing?

Margery decided to purchase 4 points in order to lower her interest rate on her $150,000 mortgage. how much additional money does she need to bring to closing?
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margery decided to purchase 4 points in order to lower her interest rate on her $150,000 mortgage. how much additional money does she need to bring to closing?

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User Yevgeniy Bagackiy
by
8.9k points

2 Answers

2 votes
The answer is $6000.

Hope this helps :)
answered
User Ved Singh
by
8.5k points
3 votes
The answer is $6000 in the personal finance class for apex.
answered
User Vanny
by
8.4k points
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