Create your own scenario of purchasing a home and include the mortgage amount. Solve for each calculation below and show your work.

1.Calculate the documentary stamp tax on the mortgage if this fee in your state is $0.35 per $100 or portion thereof.
2.Determine how many mortgage points will be purchased and calculate the cost.
3.Determine the mortgage broker fee and calculate the cost.

Question

Create your own scenario of purchasing a home and include the mortgage amount. Solve for each calculation below and show your work.


1.Calculate the documentary stamp tax on the mortgage if this fee in your state is $0.35 per $100 or portion thereof.
2.Determine how many mortgage points will be purchased and calculate the cost.
3.Determine the mortgage broker fee and calculate the cost.

anonymous · Answer

@Awesome781 
@ganeshie8

ganeshie8 · Answer

just did this : http://openstudy.com/users/ganeshie8#/updates/534c4474e4b055ebb1df6ec7

anonymous · Answer

thank u ! :)

ganeshie8 · Answer

np :) let me knw if smthng is not clear in that link...