The price of a home is $192,000. The bank requires a 20% down payment and three points at the time…
The price of a home is $192,000. The bank requires a 20% down payment and three points at the time…
The price of a home is $192,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 8%. Find the down payment.
