Assume you have to move for work. Your employer is covering your realtor fees and closing costs. If you sold your home for $$1$ million, how much would you get from the sale of the house after the proceeds pay off the remaining balance? You originally purchased $$700,000$ home and put $$140,000$ down and financed the remaining $$560,000.$ The annual mortgage rate is $3\%$ for $30$ years. You have already made $48$ months of payments. The monthly payments that you have been paying are $$2,360,98.$