Question

Caesar purchased a house that sold for $153,000. He obtained a mortgage of $110,500. The bank charged 1.75 points for an origination fee and 2.0 discount points. What was the total cost of the origination fee and discount points that Caesar paid? (3 points)
 
$5,737.50
$4,143.75
$1,933.75
$2,210.00

Tried to solve this a few times, giving up.... Any help is accepted graciously.

Answer 1

I believe it is $4,955. Hope this helps :)