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Mathematics

Answered

What are the closing costs for a recent home purchase that includes a mortgage of $80,528 at 1.5 points and attorney's fees of $375 and title fees of $215?

Answer :

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Answer:

1797.92

Step-by-step explanation:

The closing cost for the home percent mortgage can be calculated as follows

= 0.01×1.5×80,528

= 1207.92

1207.92+375+215

= 1797.92

Hence the closing cost for the home purchase is 1797.92

Answer Link

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Answer:

$1,797.92

Step-by-step explanation:

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Answer Link

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