Question

Steve is buying a home worth $275,000. His closing costs will amount to 6%, and his down payment is 15%. How much is each fee?

Answer 1

for closing cost 6% times 275k = 16500
for down payment 15% times 275k = 41250
did I answer the question?

Answer 2

Each fee as in the closing cost and down payment. Also im not sure how much a month he has has to pay.

Answer 3

Yes that was it, I just wasnt sure so i put it up here. Thank you!

Answer 4

@SwishaSweat9621 6% is \[6percent=\frac{ 6 }{ 100 }=.06 \]