22 You need a 15-year, fixed-rate mortgage to buy a new home for $200,000. Your mortgage bank will lend you the money at a 9.1 percent APR for this 180-month loan. However, you can afford monthly payments of only $900, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. eBook How large will this balloon payment have to be for you to keep your monthly payments at $900? References Multiple Choice $435,46722 $111,784.08 $422,403.21 $452,885.91 $101.198.94