3 Question 8 (4 points) If your mortgage payments were $3,600 per month for 5 years and that your new mortgage payments will be $3,000 per month based on a current 20 year mortgage of 480,000, you decide that you can afford to borrow extra money and put it towards converting your basement into a rental suite. How much money can you afford to borrow to keep your payments what they were during the first 5 years? And what is the amount of your new 20 year mortgage at a rate of 4.46% 9 1 Format