Caesar purchased a house that sold for $153,000. He obtained a mortgage of $110,500. The bank charged 1.75 points for an origination fee and 2.0 discount points. What was the total cost of the origination fee and discount points that Caesar paid?

$5,737.50

$4,143.75

$1,933.75

$2,210.00

Question

Caesar purchased a house that sold for $153,000. He obtained a mortgage of $110,500. The bank charged 1.75 points for an origination fee and 2.0 discount points. What was the total cost of the origination fee and discount points that Caesar paid?

 $5,737.50

 $4,143.75

 $1,933.75

 $2,210.00 <----
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2.0 *110500=221000 @lulu22

anonymous · Answer

Dang boy you got it right lol :)
@AlmightySosa300