Freddy and Frieda Finance are looking to buy a house. They can comfortably afford a monthly payment of $2000 and plan to pay $100,000 as a down payment. Help them evaluate some mortgage options. 1. Nautical Bank offers a 30-year fixed rate mortgage with a nominal annual rate of 3.5%. What would be the most expensive house (mortgage loan amount plus down payment) the Finances could afford under this loan? 2. Bank of United States offers a 15-year fixed rate mortgage with a nominal annual rate of 3%. What would be the most expensive house (mortgage loan amount plus down payment) the Finances could afford under this loan? 3. The Finances find a house they love costing $429,000 and with their $100,000 down payment they will have to take out a mortgage loan for $329,000. a) Nautical Bank offers a 30-year fixed rate mortgage with a nominal annual rate of 3.5%. What would be the Finances' monthly payment under this loan? b) Bank of United States offers a 15-year fixed rate mortgage with a nominal annual rate of 3%. What would be the Finance's monthly payment under this loan