5. You plan to buy a condo in Washington, DC for $483,000 and have been offered a 20-year mortgage with a fixed rate of 3 44%. You make a down payment of 20%. Closing Costs are 4%. 5a. What is the down payment? =$96600 5b. What are the closing costs? =$15456 5c. How much is the mortgage? =$386,400 5d. What will be the monthly payments? =$2191.64 5e. What will be the total mortgage cost? =$525993.60 5f. What will be the total interest paid on the home? =$139593.60 5g. Compute the first 2 months of the amortization schedule for the loan Month Interest Payment on Principal Balance of Loan 1 2