Using financial calculator
Input:
PMT=25%*3000 = 750
N=30*12=360
I/Y=0.5
Solve for PV as -125,093.71
Hence bank loan = $125,094
Offer for the house = $125,094+down payment of 20000-closing costs
= $125094 + (20000-4%*125094)
= 140090.24
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