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Mathematics 8 Online
OpenStudy (anonymous):

Jakob is purchasing a condominium for $347,500 and has financed 90% of it. He has purchased 2 discount points, has to pay a 1.75% origination fee and a brokerage fee of $100 plus 0.25% of the loan. What are his total fees that he must pay? I understand how to calculate the discount points and the origination fee and everything, but I have no clue how the brokerage fee or the amount of the loan payed are included. I might be over-complicating this, I'm not sure. lol.

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