You want to acquire an office building with a stabilized net operating income of $80,000. The building has a purchase price of $1,000,000. Your lender said for this particular property they could make a loan based on the lesser of a 70% loan to value ratio or a 1.20x debt service coverage ratio, with an interest rate of 5% and a 25 year amortization. What is the maximum loan amount you can get from this lender?