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The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the loan amount?
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The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the loan amount?

User Cmorales
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2 Answers

6 votes
I think it is somewhere around 325,480
User Bob Kinney
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8.3k points
5 votes

Answer:

260,400

Explanation:

User GabrieleMartini
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8.0k points
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