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You are applying for a loan. The loan amount is $80,000 and the loan term is 15 years. The current market rate of interest without

You are applying for a loan. The loan amount is $80,000 and the loan term is 15 years. The current market rate of interest without points is 896, but you cannot qualify at 8%. How much will it cost in dollars to buy-down the interest rate to 6 %

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