Georgia Multiple Listing Service (MLS) Practice Exam 2025 - Free MLS Practice Questions and Study Guide

To determine how much a buyer will finance after making a down payment, it’s important to calculate the down payment amount and subtract that from the total purchase price of the home.

In this scenario, the home is priced at $200,000 and the buyer is making a 10% down payment. To find 10% of the home’s price, you multiply the total price by 0.10:

10% of $200,000 = $200,000 x 0.10 = $20,000.

Now, to find out how much the buyer will actually finance, subtract the down payment from the total price of the home:

$200,000 - $20,000 = $180,000.

This calculation shows that the amount the buyer will finance is indeed $180,000. Therefore, the correct answer reflects the financing amount after accounting for the down payment made on the property.