Patti green and her husband are purchasing a condominium for $123,000. They have $15,000 for a down payment. What is the amount of their mortgage loan?

The amount of their mortgage loan is $108000

Step-by-step explanation:

we are given

total purchasing amount = $123000

down payment amount = $15000

we know that

Mortgage loan amount = (total purchasing amount) - (down payment amount)

now, we can plug value

Mortgage loan amount = $123000-$15000

Mortgage loan amount = $108000