Jorge bought a house for $274,100 and made a down payment of 12%. The origination fee is 0.5% the intangible tax 0.2% and there

Question

3 years ago

14

are five discount points. What is the total cost of a down payment fees taxes and points? (show work)
A= $44,952.40
B= $46,640.86
C= $32,892.00

1 answer:

Levart [38] · Answer 1 · 2022-07-15T15:57:34+03:00

6 0

Down payment
274100×0.15=32892
274100-32892=241208
Total cost
32,892+241,208×0.005
+241,208×0.002+241,208×0.05
=46,640.86