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Home > Business & Careers > Accounting   »   recording a mortgage

 
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Old Feb 27, 2006, 03:06 AM
manny01
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recording a mortgage

I need to know how to record a mortgage closing cost and 1 st payment. the loan is interest only for 5 years. The gross amount due borrower is $178,610.66. After paying closing cost of $589.93 the less amount to be paid by borrower is $178,020.73

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