Page 1 of 1

Assume you have found the home you want to purchase and it costs $230,000. You need to have a 20% down payment. Based on

Posted: Thu Jul 07, 2022 2:21 pm
by answerhappygod
Assume You Have Found The Home You Want To Purchase And It Costs 230 000 You Need To Have A 20 Down Payment Based On 1
Assume You Have Found The Home You Want To Purchase And It Costs 230 000 You Need To Have A 20 Down Payment Based On 1 (24.23 KiB) Viewed 67 times
Assume you have found the home you want to purchase and it costs $230,000. You need to have a 20% down payment. Based on this information, determine the amount of the 20% down payment and the amount of the mortgage loan. The down payment is S and the mortgage loan amount is $ (Round to the nearest cent as needed.)