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Doug is buying a $47,000 home. He receives a 75% first loan. He pays $5,000 down as earnest money. His other closing debits are $3,280,
Doug is buying a $47,000 home. He receives a 75% first loan. He pays $5,000 down as earnest money. His other closing debits are $3,280, while his other closing credits are $624. How much cash will he need to close?
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