Calculate how much money a prospective homeowner would need for closing costs on a house that costs $176,800.
Calculate based on a 15 percent down payment, 1.1 discount points on the loan, a 0.9 point origination fee, and $1,280 in other fees.
The closing costs would be $____. (Round to the nearest dollar.)
Answer :- Calculation of Closing Cost :- Cost of House = $176,800 Loan to be taken = Cost of house - down... View the full answer