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Ms. Cortez had to pay 20% for a down payment on a home selling for $296,500. How much will the bank have to finance as a mortgage loan?

Ms. Cortez had to pay 20% for a down payment on a home selling for $296,500. How much will the bank have to finance as a mortgage loan?
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Ms. Cortez had to pay 20% for a down payment on a home selling for $296,500. How much will the bank have to finance as a mortgage loan?

User Vladimir Gadzhov
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1 Answer

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The bank will have to finance $237,200 as a mortgage loan.
User Omarello
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