Closing Costs. Larry and Laurie have found a home and made a $$106,100$ offer that has been accepted. They make

a down payment of $5\%.$ Their bank charges a loan origination fee of $1\mathrm{.}1\%$ of the loan and points of $1\mathrm{.}6\%($both are

based on the loan amount$).$ Other fees include a $$30$ loan application fee, a $$220$ appraisal fee, and $$330$ for title

search and insurance. How much cash will Larry and Laurie need at closing? $($Hint: the loan origination fee and the

points are not part of the loan and will be needed at closing.$)$

The amount Larry and Laurie will need at closing is $

$($Round to the nearest cent.$)$