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Maria and Mike are purchasing their first home together in British Columbia. Their conditionaloffer of purchase has an agreed - upon purchase price of $
Maria and Mike are purchasing their first home together in British Columbia. Their conditionaloffer of purchase has an agreedupon purchase price of $ They have decided to selltheir current Cando at with a mortgage balance of and use the sales proceeds asdown payment. They also will use $ from their joint highinterest savings account astheir down payment. Considering closing cost and agent commission, Calculate LTV andtotal mortgage amount?
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