Use the information in the table to calculate (a) the deposit due at signing, (b) the amount you pay in points, and (c) the total amount that you must pay at closing for your house.

Cost of Home	Deposit	Points	Other Closing Costs
$220,000	15%	5%	$2,100

Part 1

a. The deposit due at signing is

$33,000

Part 2

b. The amount to pay in points is

$9350

Part 3

c.

The total amount due at closing is

$3589

Answer rating: 100% (QA)

Part 1 Deposit due at signing Deposit percentage 15 Cost of home 220000 Deposit due at signing Depos... View the full answer