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Closing Costs. Larry and Laurie have found a home and made a $125,000 offer that has been accepted

16 / 01 / 2019 Research Papers

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Closing Costs. Larry and Laurie have found a home and made a $125,000 offer that has been accepted. 1 answer below » Closing Costs. Larry and Laurie have found a home and made a $125,000 offer that has been accepted. They make a down payment of 10%. Their bank charges a loan origination fee of 1% of the loan and points of 1.5% (both are based on the loan amount). Other fees include a $25 loan appli- cation fee, a $250 appraisal fee, and $350 for title search and insurance. How much cash will Larry and Laurie need at closing? Aug 21 2015 06:40 PM


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