13 1 point Suppose you plan to put a 25% down payment on a house and obtain a mortgage loan that is less than the size limit on conforming loans in a high-cost area ($960,000) to finance the remainder of the purchase. What is the maximum price that you could pay for a home with these restrictions in mind in the high-cost area? 960,000 1,000,000 1,200,000 1,280,000 -D

Suppose you plan to put a 25% down payment on a house and obtain a mortgage loan that is less than the size limit on contorming loans in a high-cost area (\$960.000) to firarke the remainder of the purchase. What is the maximum price that you could pay for a home with these restrictlons in mind in the high-cost area? 960,000 1,000,000 1,200,000 1,280,000