John purchases a home for 256000 with a downpayment of 40000 and finance the remainder with thirty year mortgage at i = 6.5%,i=6.5%. Just after having made their 96th end-of-month payment, the sales price is 282000 and the closing costs are 3 percent of the selling price. The outstanding loan balance is deducted from the amount the Henrys receive and sent to the lender. Calculate the amount that John receive. Explain it please.