Louisa is purchasing a $125,000 home and her bank is offering her a 30-year mortgage at a 4.75 percent interest rate.
  
  In order to lower her monthly payment,
  Louisa will make a 20 percent down payment and will purchase 2 points.
  
  What will her monthly mortgage payment be?
  Read more: https://allmortgage.net/forum/monthly-mortgage-payment-question.html