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    Megan Mei Is Charged 2 Points on a $120,000 Loan
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Megan Mei Is Charged 2 Points on a $120,000 Loan

Question 85

Question 85

Multiple Choice

Megan Mei is charged 2 points on a $120,000 loan at the time of closing. The original price of the home before the down payment was $140,000. The points in dollars cost Megan:


A) $2,400
B) $2,800
C) $4,200
D) $8,200
E) None of these

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