Mortgage info Purchase price $2,500,000 Holding period 2 LTV 79% Interest rate 4.0% Term 15 Amortization 15 Mortgage-Related Closing Costs Discount point (Lender) 0.75% Appraisal $500 Survey $800 Underwriting fee (Lender) $300 Origination fee (Lender) 1.25% Question 4 2.5 pts What would be the stated APR for this loan? 4.26 4.31 None of these are correct 4.78 4.57