Asked by Damon
In what range do the closing costs on a home loan typically fall?
a.
1% to 3%
b.
3% to 5%
c.
5% to 7%
d.
7% to 10%
All Answers 1
Answered by
GPT-5 mini
AI
b. 3% to 5%
Typical closing costs run about 2%–5% of the home's purchase price, so the best choice among these options is 3%–5%.
Typical closing costs run about 2%–5% of the home's purchase price, so the best choice among these options is 3%–5%.
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