What will be the amount of commission paid to the cooperating broker?

For this question, prorate using the actual number of days in the month and year. Split the escrow fee 50-50. The seller will pay the revenue stamps, and the buyer will pay title insurance and the recording fee. The buyer assumes the existing mortgage balance of $127,042.42, the buyer will pay in cash at closing the difference between the purchase price and the loan balance, and the present monthly payment on the loan is $1,001.40. Closing is October 15. Use these relevant facts: Purchase price: $350,000 Earnest money: $3,500 Commission rate: 6% split 50-50 Real estate taxes: $2,900 (paid in full for the current year Jan. 1 through Dec. 31) Escrow fee: $800 Title insurance: $1,150 Insurance policy: $758 (annual premium) Revenue stamps: $126.30 Recording fee: $30 Interest rate: 3.75% (paid in arrears, with the next payment due Nov. 1) 1 For this question, prorate using the actual number of days in the month and year. Split the escrow fee 50-50. The seller will pay the revenue stamps, and the buyer will pay title insurance and the recording fee. The buyer assumes the existing mortgage balance of $127,042.42, the buyer will pay in cash at closing the difference between the purchase price and the loan balance, and the present monthly payment on the loan is $1,001.40. Closing is October 15. Use these relevant facts: Purchase price: $350,000 Earnest money: $3,500 Commission rate: 6% split 50-50 Real estate taxes: $2,900 (paid in full for the current year Jan. 1 through Dec. 31) Escrow fee: $800 Title insurance: $1,150 Insurance policy: $758 (annual premium) Revenue stamps: $126.30 Recording fee: $30 Interest rate: 3.75% (paid in arrears, with the next payment due Nov. 1) 1