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7 April, 00:11

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

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  1. 7 April, 00:22
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    Closing cost will be 275, 000 * 6 / 100 = 2, 750 * 6 = $16, 500

    down payment will be 275, 000 * 15 / 100 = 2, 750 * 15 = $41, 250
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