Discount Points Math Calculation [Illinois Real Estate Broker Exam Prep]

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  • เผยแพร่เมื่อ 11 ม.ค. 2025

ความคิดเห็น • 10

  • @KrystalLeeBasora
    @KrystalLeeBasora ปีที่แล้ว

    This brokers exam just got real!!! Thank you so much for this you are amazing.

  • @kellyyenyoung21_
    @kellyyenyoung21_ ปีที่แล้ว

    Where do we calculate origination fee??

    • @realestatetutoress
      @realestatetutoress  ปีที่แล้ว

      The origination fee is calculated the same way as the discount points. It's a percentage of the loan amount.
      Check out the math quiz in my community posts today! There is a question on this topic there

    • @kellyyenyoung21_
      @kellyyenyoung21_ ปีที่แล้ว

      @@realestatetutoress so when there’s a discount fee of 2 points and a origination loan 1% it’ll be total 3% we are subtracting ?

    • @realestatetutoress
      @realestatetutoress  ปีที่แล้ว +2

      @@kellyyenyoung21_ correct!

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      @realestatetutoress  ปีที่แล้ว

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