National Real Estate Exam Questions and Answers: MATH | Latest Version | 2025/2026 | Correct & Verified

National Real Estate Exam Questions and Answers: MATH | Latest Version | 2025/2026 | Correct & Verified A house sells for $240,000 with a 6% commission. What is the total commission? A. $12,400 B. $14,400 C. $16,000 D. $13,000 A property is listed at $320,000 and sells for $310,000. The listing broker offers a 3% co-op to the buyer’s agent. How much does the buyer’s agent earn? A. $9,600 B. $9,300 C. $10,000 D. $8,900 An agent receives a 70% split from their broker. The total commission earned on a sale is $9,000. How much does the agent receive? 2 A. $6,300 B. $5,800 C. $6,900 D. $7,200 A house measures 45 feet by 30 feet. What is the total square footage? A. 1,350 sq ft B. 1,200 sq ft C. 1,500 sq ft D. 1,250 sq ft A rectangular lot is 120 feet long and 80 feet wide. What is the area in acres? A. 0.15 acres B. 0.20 acres C. 0.22 acres D. 0.30 acres A seller agrees to pay 2 discount points on a $200,000 loan. What is the cost of the points? 3 A. $4,000 B. $3,500 C. $3,000 D. $4,500 A borrower pays $1,200 per year in property taxes. What is the monthly escrow payment for taxes? A. $100 B. $90 C. $110 D. $95 A loan is for $180,000 at 6% interest only. What is the annual interest payment? A. $10,800 B. $10,200 C. $9,800 D. $11,200