Answered

Al and Viola Speer were granted an $80,000 mortgage.At the closing, they will have to pay the closings costsshown plus real estate taxes of $1,230. What are thetotal costs?



Answer :

Total costs are given by

[tex]\text{Total cost=mortgage+}real\text{ estate taxes}[/tex]

So:

[tex]\text{Total cost=}80000+1230=81230[/tex]

Answer: total costs are $81,230

Other Questions