Question: Using the information provided, answer the following question for conventional financing: Sales price = $248,500 Down payment = 10% Seller Contribution = $4,500 Closing Costs

Using the information provided, answer the following question for conventional financing: 


Sales price = $248,500 


Down payment = 10% 


Seller Contribution = $4,500 


Closing Costs = 2.5% 


Prepaids = 1% 


What is the cash-to-close?

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