7 6 pts Changing Mortgage Terms Mid-Term You have made payments for five years on a mortgage (initial terms below) when you are unable to make payments for 12 months. The bank agrees to a 12-month forebearance, but starting at the beginning of year 7, you must calculate a new monthly payment to ensure the bank their original yield. What must your monthly payment be for Years 7-30? Mortgage Int Rate Term Month PMT $140,000 7% 30 ($931.42) pmt yr 1-5 12 $131,784 balance EOY 5