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10. You are buying a $250,000 home: a) You will put down 4% down payment. The closing cost is $2000 and the loan requires 2-point

10. You are buying a $250,000 home: a) You will put down 4% down payment. The closing cost is $2000 and the loan requires 2-point at closing. How much money do you have to bring with you to the loan office? b) You are financing the remaining balance over a 30-year period an interest rate of 3.5%. Calculate your monthly payment c) What is the interest of your home loan at the end of 30 years

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