How do I find the Mortgage amout of $1,850,000 after a 30% down payment?
This is what i have:
1,850,000x30%=$555,000(down payment amount)
$1,850,000-$555,000=$1,295,000(amount after down payment)
$1,295,000X70%=$906,500
Mortgage after 30%down payment is ($906,500)
Is this right?
Thanks in advance
Read more: Help asap! How do I find the Mortgage amount?
