disneycruiser
Returning Member

Home loans interest and points

loan balance exceeds home loan $474,833.72 12/14/2012 sold 8/5/ 2019 Int of $9838.52 New loan $740,043 9/5/2019 pts $8325 Acquired loan $740,043 10/23/2019 int $6465.  It is asking if one or both apply for either going over the $750 limit for this year and under the 1M for the old loan.  Do neither apply since we are under the 1M for the first and it is sold, the second with the points and interest puts it over so do we not claim the interest.  At a loss for what to do