Determine home price and payment given annual salary (Unit 3A Mini Project 3 and Unit 4D) CT Given an annual salary and loan terms, determine an appropriate price for a home, calculate the monthly payment and find the percentage of your salary that goes towards housing. You live on a modest budget and your salary is $72,000 per year. Determine a reasonable mortgage amount. Explain your reasoning. You found a bank that will loan you that amount for 15 years with an APR of 4.85%, 15% down and 1 point. What is your monthly payment? What is the cash needed at closing? What is the total amount you will pay over the life of the loan (including cash at closing)? What percentage is paid towards interest (not including any points paid)? Find payment information on a loan (Unit 4D exercises 15-24) SA. You will be provided witha principal, and loan terms (APR and number of years). Determine the monthly payment, total amount paid and the percentage paid towards interest. You want to buy a $12,000 car with no mooney down at a rate of 3% APR for 5 years. What is your monthly payment, total amount pai d, and percentage of that total that g to interest