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1 The purchase price of a condominium is $124,000. A down payment of 23% is made. The bank charges $730 in fees plus 3 points.

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1 The purchase price of a condominium is $124,000. A down payment of 23% is made. The bank charges $730 in fees plus 3 points. 2 Find the total of the down payment and the closing costs. (Round your answer to the nearest cent.) Need Help? Read It Watch It Submit Answer Marcel Thiessen purchased a home for $207,100 and obtained a 15-year, fixed-rate mortgage at 10% after paying a down 10%. Of the first month's mortgage payment, how much is interest and how much is applied to the principal? (Round your the nearest cent.) interest $ applied to the principal Need Help? Read It Submit

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