Maya is buying a house for $130,000. she plans to make a 10% down payment. Closing costs include $850 for 6 months of homeowners insurance, $600 for 6 months of property tax, $125 for the title fee, and $350 in transaction fees. Maya also agreed to pay three points in exchange for a 0.75 % reduction in interest rate. Determine the amount of money Maya needs to cover closing costs. Round your answer to the nearest cent.

Maya is buying a house for $130,000. She plans to make a 10% down payment. Closing costs include $850 for 6 months of homeowners insurance, $600 for 6 months of property tax, \$125 for the title fee, and \$350 in transaction fees. Maya also agreed to pay three points in exchange for a 0.75% reduction in interest rate. Determine the amount of money Maya needs to cover closing costs. Round your answer to the nearest cent