Chuck obtained a mortgage of $90 000 to finance a $120 000 home. The title insurance will be $400, appraisal fee is $500, land transfer tax is one percent of the value of the property, legal fees are $900, and he will pay $900 to the movers. How much are his closing costs?

Question

Quizplus · Accepted Answer

The Answer of Chuck obtained a mortgage of $90 000 to finance a $120 000 home. The title insurance will be $400, appraisal fee is $500, land transfer tax is one percent of the value of the property, legal fees are $900, and he will pay $900 to the movers. How much are his closing costs?

Chuck Obtained a Mortgage of $90 000 to Finance a $120