closing costs: larry and laurie have founda home and made $118,100 offer that has been accepted. They make a down payment of 15%. Their bank charges a loan origination fee of 1.0% of the loam and points 1.4%. Other fees include $50 loan application fee, a $300 appraisal fee and $410 for title search and insurance. How much cash will larry and laurie need at closing

Answer rating: 100% (QA)

To calculate how much cash Larry and Laurie will need at closing we need to consider the down payment loan origination fee points and other fees Given ... View the full answer