Mathematics, 22.05.2021 02:10 mawawakaiii
Brooke bought a condominium for $199,600. She made an 11% down payment and financed the remaining
amount using a 15-year fixed-rate mortgage at 6.2%. The monthly payment is $1,706. Brooke will pay for one
discount point, a 0.75% origination fee, the brokerage fee, state documentary taxes on the deed and the mortgage,
and the intangible tax.
• Discount points equal 1% of the mortgage amount.
• Documentary stamp tax on deed is $0.70 per $100 or portion thereof.
• Documentary stamp tax on mortgage is $0.35 per $100 or portion thereof.
. Mortgage broker fee is $250 plus 7% of the mortgage amount.
• Intangible tax is 0.2% of the mortgage amount.
What is the total amount of the principal, interest, down payment, and fees described for Brooke's condominium?
(4 points)
O $217.768.09
O $524,848.09
O $349.246.00
O $347.204.09
Answers: 1
Mathematics, 21.06.2019 23:10, CrownedQueen
Click an item in the list or group of pictures at the bottom of the problem and, holding the button down, drag it into the correct position in the answer box. release your mouse button when the item is place. if you change your mind, drag the item to the trashcan. click the trashcan to clear all your answers. find the lateral area for the prism. l. a. = 0123456789
Answers: 3
Mathematics, 22.06.2019 03:30, bullockarwen
If the regular price was $115, how much did jeanine pay for the hiking boots? jeanine bought a new pair of hiking boots on sale for 25% off the regular price. enter the correct answer. ooo done clestall the following formula describes this scenario: đoo s = r. 0.25 r = regular price s = sale price
Answers: 1
Brooke bought a condominium for $199,600. She made an 11% down payment and financed the remaining
a...
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