Three sisters, Mary, Martha & Megan are in the process of purchasing three homes that each of them will own and live in separately. Mary would like to purchase a house worth $1.5 million. Martha would like to purchase a condominium worth $480,000. Megan would like to purchase a house worth $850,000. What is the minimum amount of down payment each sister will need to purchase their respective properties?

Answer rating: 100% (QA)

Usually require you to pay at least 20 of the propertys purchase price as down payment So ... View the full answer