Question

Gary is purchasing a $210,000 home and is making a 20% down payment toward the cost. He is also buying 2 points in order to lower his interest rate. The appraisal fee is $400, the title is $300, and the processing fee is $575. Including the down payment, what are his total closing costs?







A.

$45,892








B.

$46,635








C.

$42,315








D.

$47,246