He Fritzes are buying a house that sells for ​$176 comma 000 .
The bank is requiring a minimum down payment of 15
​%.
To obtain a 20
​-year
mortgage at 11.0
​%
​interest, they must pay 3

points at the time of closing.
​a) Determine the required down payment.
​b) Determine the amount of the mortgage on the property with the 15
​%
down payment.
​c) Find the cost of 3

points on the mortgage.