Congratulations! You are buying a new home. The negotiated price is $250,000. What is your monthly payment if you decide to assume a 30 year mortgage if: The maximum loan to value the lender is offering is 96%. The interest rate is 6.5%. 30-year amortization period. $2,090.66$1,516.96$1,580.17$1,422.15 If you borrow 96% of the $250,000 purchase price for the house you just purchased, at 6.5% for 30 years, how much will you ultimately pay for this home? $556,106.77 $386,318.77 $576,106.77 $546,106.77