How much might a home buyer expect to pay in closing costs on a $220,000
house with a 10% down payment?

$220 000 is the total cost of the house that a buyer bought.
Prior to that, he paid 10% of the amount for down payment.
Now, we need to find the amount he will need to pay to paid off the house he bought.
=> 10% = 10 / 100
=> 0.1
We already have the value of 10%, now multiply this to the total amount of the house
=> 220 000 x 0.1
=> 22 000 – he paid this amount for down payment.
Now, let’s subtract his down payment from the total amount.
=> $220 000 – 22 000
=> $198 000
Thus, the home buyer will pay 198 000 to paid off the house he bought.






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