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What is their total down payment available

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Question - Ariana and Joe have sold their house in Oakville for $700,000 and purchased a home in Mississauga for $900,000. The realtor has charged a commission of 6% and their outstanding mortgage balance was $400,000. Ariana has $70,000 in her TFSA and Joe has $75,000 in his TFSA that they'd like to use for their down payment. What is their total down payment available?

Reference no: EM133176519

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