Question

calculate the down payment percent using the following information: purchase price: $315,200closing costs: 1.9% of purchase price total move-in cost: $59,572.8015% 16% 17%18%

Answer 1

he closing cost from the total costs.

59,572.80 - 5988.8 = $53,584

So now we have to find the percentage from the given options that equal the move in cost after substracting from the closing costs.