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Jamie wants to make a 25% down payment for a house of $280,000. She will be able to obtain a loan at 8.5% per annum

Jamie wants to make a 25% down payment for a house of $280,000. She will be able to obtain a loan at 8.5% per annum interest. What is Loan-to-Value (LTV) ratio?

Jamie wants to make a 25% down payment for a house of $280,000. She will be able to obtain a loan at 8.5% annual interest rate. How much is the loan amount?

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