Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to pay 4 1/4 discount points....

Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to<br>finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to<br>pay 4 1/4 discount points. How much did this amount to?<br>Purchase price =<br>Amount financed =<br>Points =<br>

Extracted text: Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to pay 4 1/4 discount points. How much did this amount to? Purchase price = Amount financed = Points =

Jun 10, 2022

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Larry Mager purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the mortgage closing costs, Larry had to pay 4 1/4 discount points....

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