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You are purchasing a home for $ 2 3 0 , 0 0 0 . The down payment is 3 0 % and the balance

You are purchasing a home for $230,000. The down payment is 30% and the balance will be financed with a 20-year mortgage at 9% and 2 discount points. You put down a deposit of $5,000(applied to the down payment) when the sales contract was signed. You also have these expenses: credit report, $80; appraisal fee, $110; title insurance premium, 1% of amour financed; title search, $275; and attorney's fees, $800. Find your amount due at the closing.
$70,095.00
$75,095.00 This answer was wrong
$77,165.00
$78,120.00
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