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A person was considering buying a house priced at $ 3 5 0 , 0 0 0 . A mortgage company claimed the interest rate
A person was considering buying a house priced at $ A mortgage company claimed the interest rate for the year loan is The company also estimated that the points and Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees would be $ in total.
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What would be the monthly payment, if the person decided to borrow of the cost of the house and of the processing fees?
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$
$
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