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This year is 2020. You have saved $20,000 to buy a new home. You also plan to draw down the maximum under the Home Buyer's
This year is 2020. You have saved $20,000 to buy a new home. You also plan to draw down the maximum under the Home Buyer's Plan (HBP). If closing costs are $10,000, what would be the maximum conventional mortgage you could assume?
please include formulas. Answer should be 180,000$
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