Register

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.

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.
asked 36.5k views
0 votes
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.

asked
User Phil Hayward
by
7.4k points

1 Answer

0 votes
116,000 divided by 80% is $145,000
answered
User Layonez
by
8.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!