16 Set
Toward a great $280,one hundred thousand financing, one-point is $2,800 ($280,one hundred thousand ? 1%), one or two activities is $5,600 ($280,100 ? 2%), etcetera
- The latest fair market value (FMV) of one’s household, quicker by purchase indebtedness, otherwise
- $one hundred,000 ($fifty,000 having hitched taxpayers whom file independently). 17
The amount of purchase indebtedness and you may household – security indebtedness, the eye on what are deductible, cannot meet or exceed $step 1,one hundred,one hundred thousand ($step one,000,one hundred thousand + $one hundred,000).