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The loan-to-value ratio is 80%. a buyer wants to acquire a property with a purchase price of $116,000. calculate the required down payment.
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The loan-to-value ratio is 80%. a buyer wants to acquire a property with a purchase price of $116,000. calculate the required down payment.

User Phil Hayward
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116,000 divided by 80% is $145,000
User Layonez
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