12. Use the table below to answer the following questions. A potential homebuyer wants to purchase a house that sells for $234,000. The bank asks for a 5% down payment if the buyer will purchase PMI for $3,050, which will be added to the amount of the mortgage. The buyer accepts. The interest is a 4.5% fixed rate for 25 years. The bank charges 1 point for closing costs. 13. What is the total amount of the mortgage? Monthly Payment (Principal + Interest) per $1,000 Interest 5 10 15 20 25 30 Rate (%) Years Years Years Years Years Years 4% 18.42 10.13 7.4 6.06 5.28 4.78 4.5% 18.65 10.37 7.65 6.33 5.56 5.07 5% 18.88 10.61 7.91 6.6 5.85 5.37