As Ericas real estate broker, she has asked you the following questions: a. What is the total…

As Ericas
real estate broker, she has asked you the following questions: a. What is the
total monthly PITI of the mortgage loan? b. What is the total amount of
interest that will be paid on the loan? c. How much is due from Erica at the
time of the closing? d. If your real estate office is entitled to a commission
from the seller of 61 2% of the price of the home, how much commission is made
on the sale?

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