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Can you choose the right math setup without a hint?

Work through five mixed real estate math problems. Enter the answer yourself, then compare your setup with a clear worked explanation.

Problem 1 of 5

Transfer tax

A DuPage County home sells for $325,000. The question gives a state rate of $0.50 per $500 and a county rate of $0.25 per $500. What is the total state and county transfer tax?

What this drill covers

The five problems cover transfer tax, loan-to-value ratio, discount points, capitalization rate, and buyer funds needed at closing. These calculations appear in the current national and Illinois broker content outlines.

On the exam, use the facts and rates given in the question. Transfer taxes and local charges can vary, so do not substitute a memorized local rate when the question gives you one.

Check the current outline

The current Illinois Candidate Information Booklet lists the calculation topics tested on the broker exam. Pass Illinois last reviewed this drill against the official outline on July 24, 2026.

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