The reason is that what contractors might charge to remove the current flooring, especially in cases of tile and hardwood, can vary wildly. Installation costs can vary just as much, so we would recommend contacting 2-3 contractors and asking how much they charge per square foot for removal and installation of flooring.
Multiply the amount of your loan times the total number of points as a percentage. Using figures from the above steps, the three points bought with a $400,000 mortgage would cost $12,000: $400,000 x 0.03 = $12,000.
Housing units in zip code 85326 with a mortgage: 7,198 (403 second mortgage, 470 home equity loan, 48 both second mortgage and home equity loan) Houses without a mortgage: 2,047. Median monthly owner costs for units with a mortgage: $1,372.