Question
Borrow $150,000 with a 20 year monthly payment fixed mortgage at 6%. Origination fees total 4 points (4%). Whats the total dollar amount of the
Borrow $150,000 with a 20 year monthly payment fixed mortgage at 6%. Origination fees total 4 points (4%).
Whats the total dollar amount of the fee?
| 4,000 | ||
| 2,000 | ||
| 300 | ||
| 6,000 |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
