document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1185144>Question 1185144</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Is it C? I want to check my answer.\r<BR>\n" );
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document.write( "The Franzes are purchasing a home for $195,000, and they are using a conventional loan. What is the best estimate for what their down payment will be?\r<BR>\n" );
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document.write( "A. $5,850\r<BR>\n" );
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document.write( "B. $19,500\r<BR>\n" );
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document.write( "C. $39,000\r<BR>\n" );
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document.write( "D. $48,750  </SPAN>\n" );
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document.write( "Your answer C is 20% of the sale price.<br><BR>\n" );
document.write( "So if your definition of \"conventional loan\" means the down payment is 20%, then your answer is right.<br><BR>\n" );
document.write( "But I don't believe a 20% down payment is required for a conventional loan.<br><BR>\n" );
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