Thanks!

The Shrubs have found a foreclosure home at a bargain price. They will need to borrow $100,000 for a mortgage loan, will pay $20,000 for a down payment, and expect to pay $3,000 in total closing costs. The mortgage they are considering includes a 20-year fixed with an interest rate of 4.75%. They would pay 1.5 discount points for the mortgage. What is the Shrubs front-end $20,000 $21,500 $21,800 $24,500