Asked by Karen
The price of a home is 177,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at
10%.
10%.
Answers
Answered by
Reiny
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What does "and three points at the time of closing" mean?
What does "and three points at the time of closing" mean?
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