kaylakelley2019

A mortgage is in the amount of $800,000. The origination fee is 0.4%, the intangible tax is 0.2%, and there are 3.5 discount points. 
Which of the following is the total cost of the origination fee, the intangible tax, and the discount points? (3 points)

A. $28,000

B. $32,800

C. $29,600

Bradley has purchased a home for $471,000. He made a 25% down payment and financed the remaining amount. The intangible tax is 0.5%. Which of the following is the total amount of the intangible tax? (2 points)

$176,625.00

$1,766.25

$235,500.00