Sale $3$ sold for $$400,000$ with $$100,000$ down and the balance financed by Happy Valley Farm Credit. The note was financed at $8\%$ for $20$ years with monthly payments. Market rates were $8\mathrm{.}5\%$ but the buyer paid $2$ points and the seller paid $2$ points to buy the interest rate down to $8\%.$ What is the cash equivalent sale price, rounded to the nearest $$100?$

A$)$ $$394,000$

B$)$ $$392,000$

C$)$ $$388,000$

D$)$ $$384,000$

Sale $3$ sold for $$400,000$ with $$100,000$ down and the balance financed by Happy Valley Farm Credit. The note was financed at $8\%$ for $20$ years with monthly payments. Market rates were $8\mathrm{.}5\%$ but the buyer paid $2$ points and the seller paid $2$ points to buy the interest rate down to $8\%.$ What is the cash equivalent sale price, rounded to the nearest $$100?$

A$)$ $$394,000$

B$)$ $$392,000$

C$)$ $$388,000$

D$)$ $$384,000$