Vlad is purchasing a home, he is able to negotiate the price down to $300,683 (which included closing costs and title fees).  If the bank requires 15% down, calculate Vlad's down payment.
 
*Round your answer to the nearest whole dollar.*

To calculate Vlad's down payment, we need to find 15% of the total home price of $300,683.

The formula to calculate the down payment is:

\[
\text{Down Payment} = \text{Home Price} \times \frac{15}{100}
\]

Substituting the values:

\[
\text{Down Payment} = 300,683 \times 0.15 = 45,102.45
\]

Rounding to the nearest whole dollar:

\[
\text{Down Payment} \approx 45,102
\]

So, Vlad's down payment is **$45,102**.

Would you like more details or have any questions?

Here are five related questions:
1. What would the down payment be if the bank required 20% down?
2. How much would Vlad owe after the down payment is made?
3. How much interest would Vlad pay on a 30-year mortgage at 4% interest?
4. What is the total cost of the house with 3% closing fees added?
5. If Vlad made a 10% down payment, how much more would he owe?

**Tip:** Always ensure you calculate the percentage correctly by converting it into decimal form.

Vlad is purchasing a home, he is able to negotiate the price down to $300,683 (which included closing costs and title fees). If the bank requires 15% down, calculate Vlad's down payment. *Round your answer to the nearest whole dollar.*

Learn how to calculate the down payment on a $300,683 home when the bank requires 15% down. This problem involves basic percentage calculations and algebra, with step-by-step instructions for rounding to the nearest whole dollar. Perfect for students in Grades 9-12.

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