Jeffrey82341 Jeffrey82341

19-12-2022
Business

Answered

hamish makes an offer on a loft in the city for $424,900 with a 10% earnest money deposit. the seller agrees, so hamish secures an 80% loan. he needs to set aside funds for the mortgage tax as part of his closing costs. the rate in his area is $0.115 per $100. calculate the mortgage tax hamish will pay.

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