Suppose that 10 years ago you bought a home for $140,000, paying 10% as a down payment, and financing the rest at 7% interest for 30 years.

Question

How much was your down payment?

Answer 1

Are you certain this is what you want to know?

 

It is quite simple as you are stating it.

If the home you put the 10% down payment on 10 years ago, then 10 years ago you paid 10% of $140,000

 

($140,000) x (0.10) = $14,000