Evaluate this financing package based on a purchase price of $500,000. Cost of funds: 8% Amortization period: 30 years Amount of funds borrowed: 80% loan to value Loan duration: 20 years (after which balloon payment will be due) Loan fees: origination fee of 1% plus mortgage fees of 5% Calculate (round all answers in parts 'a-d' to the nearest dollar): a. Loan amount b. Loan fees c. Monthly payment amount d. Balloon payment at the end of the loan duration (if any) e. Indicate the holding period most appropriate for this financing package (long-term, intermediate, or short-term)