How much did Rudiger pay in discount points for a $200,000 home purchase with an 80% loan?

To determine the amount that Rudiger paid in discount points for his home purchase, we first need to calculate the amount of the loan. With an 80% loan on a $200,000 home purchase, the loan amount would be:

[

Loan Amount = Home Purchase Price \times Loan Percentage

]

[

Loan Amount = 200,000 \times 0.80 = 160,000

]

Discount points are typically expressed as a percentage of the loan amount. One discount point equals 1% of the loan amount. If the question implies that Rudiger paid 3% in discount points (a common percentage), we can calculate the total in discount points as follows:

[

Discount Points = Loan Amount \times Discount Point Percentage

]

[

Discount Points = 160,000 \times 0.03 = 4,800

]

Thus, Rudiger paid $4,800 in discount points for the loan. Therefore, the correct answer reflects that calculation accurately.