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.
2.97%. Find personalized rates: Say you pay $2,000 a month on your mortgage and typically charge $1,000 for other expenses. If you charge the full $3,000 on, say, an American Express Blue Cash card, that could give you a cash rebate worth over $400 a year.EW YORK (CNNMoney.com) -- You pay hundreds, sometimes thousands, of dollars on your mortgage every month. Just imagine how many rewards points that could earn on your plastic. Now, American Express is aiming to make that a reality for its cardholders.