Robin purchases a new home costing $80,000 in 2017. She pays $8,000 down and borrows the remaining $72,000 by securing a mortgage on the home. She also pays $1,750 in closing costs, $1,600 in points to obtain the mortgage, and pays $4,440 in interest on the mortgage during the year. Her adjusted gross income is $78,000.

What is Robin's allowable itemized deduction for interest paid?