4
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Home Ownership — Quiz

Question 4 • Financial Math

Cristian is considering a mortgage where he has to pay an origination fee of 1.5% one a $⁢350,000 mortgage, a flat brokerage fee of $⁢1,500 , documentary stamps costing $⁢800 , and prorated expenses of $⁢450 What is the total upfront costs Cristian would have to pay? Enter your answer in the box.

Answer

Math Formula Answer:

8000

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Cristian is considering a mortgage where he has…