Question: Une PMT to determine the regular payment amount, rounded to the nearest dollar. The price of a home in $236,000. The bank requires a 20%
Une PMT to determine the regular payment amount, rounded to the nearest dollar. The price of a home in $236,000. The bank requires a 20% below down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-cato mortgago at 8.5%. Completo parts(a) through (c) a. Find the required down payment. $ 47200 b. Find the amount of the mortgage, $ 188800 c. How much must be paid for the three points at closing? (Round to the nearest dollar as needed)
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