$21$

You are buying a house priced at $$250,000.$ You need to make a $10\%$ down payment, and closing costs will be $4\%.$ Which of the following is$/$are true?

I. The amount of the loan will be $$250,000$

II$.$ The required down payment is $$25,000$

III. Closing costs will be $$10,000$

IV$.$ You will need to bring a total of $$34,000$ to the bank in order to get the loan

Multiple Choice

Only II and IV are True

Only III and IV are True

Only II is True

All of them are True

Only II and III are True