HELP ASAP!!!
Riley made a 18% down payment on a home that cost $212,400. He financed the remaining amount using a 25-year, fixed-rate mortgage at 5.85%. His monthly payment will be $1,106.25. Riley will pay for two discount points, a 0.5% origination fee, brokerage fee, state documentary taxes on the deed and the mortgage, and the intangible tax.

Question

HELP ASAP!!!
Riley made a 18% down payment on a home that cost $212,400. He financed the remaining amount using a 25-year, fixed-rate mortgage at 5.85%. His monthly payment will be $1,106.25. Riley will pay for two discount points, a 0.5% origination fee, brokerage fee, state documentary taxes on the deed and the mortgage, and the intangible tax.

anonymous · Answer

rest of the question

Discount points equal 1% of the mortgage amount.
• Documentary stamp tax on deed is $0.70 per $100 or portion thereof.
• Documentary stamp tax on mortgage is $0.35 per $100 or portion thereof.
• Mortgage broker fee is $185 plus 3% of the mortgage amount.
• Intangible tax is 0.2% of the mortgage amount

anonymous · Answer

What is the total cost of Riley’s home including the principal, interest, down payment, and fees?
 $382,351.08 $556,484.08 $384,629.00 $346,767.20

anonymous · Answer

The answer choices:
$382,351.08
$556,484.08
$384,629.00
$346,757.20

anonymous · Answer

can anyone help please

anonymous · Answer

http://gamutech.com We'll help and give you answers and there's a chat no lag like OS and you won't get suspended