Question: 1 2 Multiple Choice 2 . 5 points You are borrowing $ 1 5 0 , 0 0 0 to buy a home that is

12
Multiple Choice 2.5 points
You are borrowing $150,000 to buy a home that is worth $160,000. The lender rate is 4% plus 2 points. What is the dollar cost of the points?
$3,000 one time fee
$3,200 one time fee
$300 per year
$320 per year
1 2 Multiple Choice 2 . 5 points You are

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