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Aja made a 20% down payment on a house and was approved for a $185,000 mortgage. Therefore, she should expect her closing costs to be about $3,700 to $12,950.
O A True
O B. False​

Answer :

Michell96go

If Aja was approved for a $185,000 mortgage is true Aja's closing costs are between $3,700 and $12,950.

What are closing costs?

This is the amount of money paid for the mortgage settlement or closing.

How to calculate the closing costs?

The closing costs are equal to 2-7% of the cost of the loan.

What are Aja's closing costs?

185,000 x 0.02 = $3700 (2%)

185,000 x 0.07 = $12,950 (7%)

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