Q. Sadie wants to buy a home for $350,000. If she can make a down payment of $77,000, then how much does Sadie need to borrow from the bank?Answer:
Calculate Total Cost: Sadie is interested in buying a home that costs $350,000. She has $77,000 to use as a down payment. To find out how much she needs to borrow from the bank, we need to subtract the down payment from the total cost of the home.Calculation: $350,000−$77,000
Subtract Down Payment: Perform the subtraction to find the amount Sadie needs to borrow.$350,000−$77,000=$273,000