You plan to purchase a house for 7,000,000 Baht, using a 30-year mortgage obtained from your local bank. You will make a down payment of 20 percent of the purchase price. You bank offers you the following two options for payment.

Option 1: Mortgage rate of 6.5 percent with zero points. Option 2: Mortgage rate of 6.0 percent with 3 points.

If you decides to go with Option 2, how much do you need to pay the bank upfront in exchange for lower mortgage rate charged? (Do not round intermediate calculations. Round your answer to two decimal places.)