Inez has to pay 4 percent in closing costs and 16 percent for the down payment on a purchase of $225,500 with an ARM. Over the life of the loan, she will pay $262,072.72.

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Inez has to pay 4 percent in closing costs and 16 percent for the down payment on a purchase of $225,500 with an ARM. Over the life of the loan, she will pay $262,072.72.

Mathematics
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Is there a question here?
What is the total cost of her house?
What is the total cost of her house? $262,072.72. Would you like to know the total interest???

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Other answers:

Yeah..
262,072.72 - $225,500 = 36,572.72
That cannot possibly be the total cost of the house.
That would be the cost of buying the house apart from the house itself.

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