Erica is buying a $205,000 home. She has decided to purchase 2 points in order to lower her interest rate. The appraisal fee is $450, the processing fee is $575, and the title fee is $600. What is her total in closing costs?

2 points=2%=0.02
205000×0.02=4,100 cost of 2 points

Closing costs is
4,100+450+575+600
=5,725....answer

Hope it helps!