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20 January, 09:23

The chart shows the costs associated with the purchase of

a new home.

In the chart, closing costs refers to the

Cost

Components

Principal after down

payment

O cost of making repairs to the new home.

O fees that must be paid to local schools.

O costs associated with obtaining the loan.

O fees assessed by the state or local government.

$240 000

Origination fee

$1 200

Closing costs

$4 800

Total principal

$246.000

Additional taxes

$4,000

+1
Answers (1)
  1. 20 January, 10:13
    0
    unkown
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