Question

What is the mortgage loan value on a $375,000 home if 20% is paid as a

down payment?
$325000
$375000
$75000
$300,000

Answer 1

Answer:300000

Explanation:

375000/100 =3750

1 percent = 3750

20 percent = 3750*20=75000

375000-75000= 300000

If it is helpful t

Answer 2

$300000

Explanation:

down-payment would $75000 so minus it from $375000 to get the mortgage