$1,042

\ 1,355\ 17 point\ A borrower takes a 30-year mortgage loan for

$250,000

with an interest rate of

5%

and monthly payments. What portion of the first month's payment would be applied to interest?\

$1,355

\

$694

\

$1,042

\

$1,342

$1,0421,355 1 point A borrower takes a 30 -year mortgage loan for $250,000 with an interest rate of 5% and monthly payments. What portion of the first month's payment would be applied to interest? $1,355 $694 $1,042 $1,342