SOLUTION: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000. a) If you want to have 20% for a down payment, how much will y

SOLUTION: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000. a) If you want to have 20% for a down payment, how much will y

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Question 1038387: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000.

a) If you want to have 20% for a down payment, how much will you need to have for the down payment?
Down payment = $.

Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
240000*.2=$48000 for the down payment!!!!!!!!!
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