You are purchasing a house 12 years from now. The estimated purchase price is $171,600.00. You want to make a 20% down payment. You are
trying to determine how much to save per month to reach your goal. If closing costs are 8.7%, how much additional money do you need to save
per month to cover the additional expense?
$103.68
$105.29
$85.14
$125.03