Rene and Jefferson Franklin want to purchase a $560,000 home. They plan to make a 25% down payment and finance the remaining
amount through Peabody Savings Association. Peabody has these
closing costs: application fee, $325; credit report, $90; appraisal report,
$555; title insurance, $490; survey and photographs, $325; recording
fee, $65; legal fees, $780; and first 6 months of property taxes, $1,789. If
the seller agreed to pay 50% of the closing costs, how much money will
the Franklins need to secure the loan, including the down payment?