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Posted on Aug 01, 2024

The price of a home is 2 3 4 , 0 0 0 . The bank requires a 2 0 % down paymentand three points

The price of a home is

234, 000 .

The bank requires a

20 %

down paymentand three points at the time of closing the cost of the home is financed with a

30

year fixed rate mortgage at

9.5 %

find the required down payment

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