bvallinab
bvallinab
24.08.2021 • 
Business

Patel and Rakhi just had twins, so they need a bigger home. The loan amount on their new home is $205,000, and their interest rate is 3.7%. Their lender is charging them a 2% loan commitment fee, and when they close in two weeks they expect to pay $6,150 in closing costs. Patel and Rakhi will pay a commitment fee.

Solved
Show answers

Ask an AI advisor a question