A couple has just purchased a home for $367,900.00. They will pay 20% down in cash, and finance the remaining balance. The mortgage broker has gotten them a mortgage rate of 6.24% APR with monthly compounding. The mortgage has a term of 30 years. What is the monthly payment on the loan? Answer format: Currency: Round to: 2 decimal places. A couple has just purchased a home for $388,000.00. They will pay 20% down in cash, and finance the remaining balance. The mortgage broker has gotten them a mortgage rate of 3.60% APR with monthly compounding. The mortgage has a term of 30 years. How much interest is paifl on the first payment? Answer format: Currency: Round fo: 2 decimal places. A couple has just purchased a home for $388,000.00. They will pay 20% down in cash, and finance the remaining balance. The mortgage broker has gotten them a mortgage rate of 3.60% APR with monthly compounding. The mortgage has a term of 30 years. How much interest is paid in the first year? Answer format: Currency: Round to: 2 decimal places