Arnie and Beth Litner recently bought a house for $295,000. They put 10% down as a down payment and took out a 30-year fixed mortgage with monthly payments and an interest rate of 3.75%. 1. What is their monthly payment? 2. What proportion of their mortgage payments made during the first five years will be applied to interest? 3. What will be Arnie & Beth's outstanding balance on their mortgage after 7 years of making consistent payments on their mortgage