• AA is the total appraisal amount ($) • AF is the appraisal fee percentage (%) To calculate an appraisal cost, multiply the appraisal amount by the fee percentage. ## How to Calculate Appraisal Cost? The following example problems outline how to calculate Appraisal Cost. Example Problem #1: 1. First, determine the total appraisal amount ($). The total appraisal amount ($) is given as 100,000. 2. Next, determine the appraisal fee percentage (%). The appraisal fee percentage (%) is provided as 3. 3. Finally, calculate the Appraisal Cost using the equation above: AC = AA * AF/100 The values given above are inserted into the equation below: AC = 100000 * 3/100 = 3000.00 ($)

Example Problem #2:

The variables needed for this problem are provided below:

total appraisal amount ($) = 1,000,000 appraisal fee percentage (%) = 5 Entering these values and solving gives: AC = AA * AF/100 = 50,000 ($)