OK CAN SOMEONE HELP THIS IS CRAZY ...Erwin is purchasing a $190,000 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.

$47,246

B.

$43,143

C.

$42,315

D.

$45,892

Question

OK CAN SOMEONE HELP THIS IS CRAZY ...Erwin is purchasing a $190,000 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.

$47,246




 



B.

$43,143




 



C.

$42,315




 



D.

$45,892

anonymous · Answer

I'm getting a number that isn't on your answer choices. The best I can help with is the down payment is $38,000.

anonymous · Answer

thank you thank you you where the only one that helped