Question: You are purchasing a home for $ 3 9 5 , 0 0 0 . The down payment is 1 5 % in the balance

You are purchasing a home for $395,000. The down payment is 15% in the balance will be financed with the 25 year mortgage as 6% and two discount points. You put down deposit of $11,750.(applied to down payment) when the sales contract was signed. You also have these expenses: credit Report $65, apparel fee $120, title insurance premium 1% of amount financed, title search $250, and attorney fees 675. Find your amount due at the closing
$48,610.00
$51,967.50
$58,682.50
60,460.00

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