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
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:
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
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