For every single area means step 1% of your financing Into a beneficial $280,000 mortgage, one point is $2,800 ($280,000 ? 1%), a couple of things is $5,600 ($280,100000 ? 2%), etc This new reasonable market value (FMV) of your own house, smaller by the acquisition indebtedness, or $one hundred,000 ($fifty,100000 to own hitched taxpayers which documen...