Question: 28) Roughly, how much in total fees does the lender need to charge on the front-end of the loan to increase the effective borrowing cost

28) Roughly, how much in total fees does the lender need to charge on the front-end of the loan to increase the effective borrowing cost (EBC) of this loan to 8.5%? Loan amount $175,000 Interest Rate 8% Loan Maturity 15 years Monthly Mortgage Payment $1672.39 3 points 1 point 4 points 2 points

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