You have been relocated from Detroit to San Francisco to begin your new career in finance. The relocation company offers you 3-2-1 Buydown Financing. The primary home you find has a value of $675,000. You have a 20% down payment on a 30-year Fixed Rate Mortgage, Monthly Payments, 4.375% Interest Rate. Property Taxes are 110 Mills with 80 Effective Mills. Fees for this loan are $3375 and it cost 1 point to get the loan rate down to 4.375%, both were paid up front. What is the value of the required buy down account?