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Kayla is financing a house for $123,500. She has to pay $300 plus 1.05% for a brokerage fee. How much are the mortgage brokerage fees?

Guest Feb 21, 2017
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Kayla is financing a house for $123,500. She has to pay $300 plus 1.05% for a brokerage fee. How much are the mortgage brokerage fees?

 

123,500 x 1.05% =$1,296.75 percentage of the fee.

$1,296.75 + $300 =$1,596.75 Total mortgage brokerage fees.

Guest Feb 21, 2017

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