A bank requires a minimum $5 \%$ down payment for a mortgage. If a couple has $\$ 15,000$ saved, what is the maximum house price they can afford if they know they must hold back $\$ 2,500$ for closing costs?

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The Answer of A bank requires a minimum $5 \%$ down payment for a mortgage. If a couple has $\$ 15,000$ saved, what is the maximum house price they can afford if they know they must hold back $\$ 2,500$ for closing costs?

A Bank Requires a Minimum 5%5 \%5% Down Payment for a Mortgage

A Bank Requires a Minimum $5 \%$ Down Payment for a Mortgage