Assume you buy a home and borrow $$125,000$ at $6\mathrm{.}4\%$ for $20$ years. You pay a total of $$6,238$ for origination fee, points, and mortgage insurance. In addition you pay other loan costs of $$2,182.$ You pay the first year$$s hazard insurance premium of $$385$ and are required to deposit $$295$ into an escrow account. What is the reportable APR?

$7\mathrm{.}05\%$

$7\mathrm{.}30\%$

$7\mathrm{.}34\%$

$7\mathrm{.}37\%$