2. a. You are planning to buy a house and have the 20% down payment saved. Based on your calculations you figure that you can afford a monthly payment of $2000. How much house can you buy if the current mortgage rates stand at 6.5% for a 30 year loan? Please show the amortization schedule. b. If you decide to pay 200 more every period how quickly will you be able to repay your loan instead of the 30 year period? c. You decide to wait another year to buy the house given the high interest rates. Now that interest rates have dropped to 5% on a 30 year loan. How much more house can you afford? (25)