This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, ... (Read 276 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
on: Apr 14, 2019

Lucky Louie qualified for a $250,000 mortgage for his new home. The loan application was $400, closing attorney fee $500, appraisal fee $400, title insurance $1200, document fee $75, credit check $50. The loan requires a 1% origination fee plus 1 point ( 1 %) interest to buy down the rate. How much are Louie's total closing costs?


◦ $5,500
◦ $7,625
◦ WOW!
◦ $5,125
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bio_gurl on Apr 14, 2019

DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly


bio_gurl

  • Member
  • Posts: 524
Reply 2 on: Apr 14, 2019
Excellent

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Drake - Hold On Were Going Home Drake - Hold On Were Going Home
Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004 Martha Rosler, Gladiators, from the series House Beautiful: Bringing the War Home. 2004
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
Application Special Triangles Application Special Triangles
Application and Integration Application and Integration
Application and Integration Application and Integration
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library