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b) Sale price of the vacation home = $ 588000 DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT c) If the loan agency

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b) Sale price of the vacation home = $ 588000 DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT c) If the loan agency requires a down payment of 20%, what will your down payment be? Remember to use the sale price from Part b. Down payment = $ 117600 DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed. d) If you plan to finance the rest of the sale price, how much would the loan amount be? Loan amount = S 470400 - DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed. e) What would the monthly mortgage payment be if your loan was a 1.8% 30 year fixed mortgage? Monthly mortgage payment = 0.0015 . DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT Round your answer to 2 decimal places as needed. f) How much will you actually pay for the home over 30 years including the down payment? Hint: Don't forget about the down payment! Total amount paid for vacation home = $ DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed. g) How much of what you paid was interest? Amount of interest paids DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT Round your answer to 2 decimal places as assded

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