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Itranscript Andrea is buying a house for $130,000. She plans to make a 12 % down payment. Closing costs include $550 for 6 months
Itranscript Andrea is buying a house for $130,000. She plans to make a 12 % down payment. Closing costs include $550 for 6 months of homeowners nsurance, $600 for 6 months of property tax, $100 for the title fee, and $350 in transaction fees. Andrea also agreed to pay three points in exchange for a 0.75 % reduction in interest rate. Determine the amount of money Andrea needs to cover closing costs. Round your answer to the nearest cent. answer 2 Points Keypa Keyboard Short
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