eham3239
eham3239 eham3239
  • 26-04-2017
  • Mathematics
contestada

You are purchasing a home for $145,000.In order to get a 30 year fixed mortgage rate of 4.5%, the bank requires a 20% down payment.

What is the down payment amount?

Respuesta :

Аноним Аноним
  • 30-10-2017
20% of $145,000 is
0.2*$145,000 = $29,000

Answer: $29,000
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