Emily purchased a house for $339,000. She made a 16% down payment and received a 30-year mortgage
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Question:
Emily purchased a house for $339,000. She made a 16% down payment and received a 30-year mortgage at 3.43% plus 3 points. What is the total cash needed for this transaction including the down payment and the points?
Round the answer to two decimals.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: