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Loan sizing using LTV methodology (Columbus, OH) 500,000 house Your local banker has indicated he/she can give you a 70% loan with a 5% interest

Loan sizing using LTV methodology (Columbus, OH) 500,000 house

Your local banker has indicated he/she can give you a 70% loan with a 5% interest rate and 25 year amortization. Based on that, what is the amount of the loan you think you can get at your local bank. Show your work/methodology for sizing this loan.

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