Harold and Maude bought a 5975,000 home, they had a down payment of $40,000 and financed the batance with a mortgabs. The mortgage has a 5 year term with interest fied at 3% and is atnortized ower 2.5 years (Ignote CMAC Fees) The monthly poyment on the mortgage is $10,051.42$1,588.61$1,439.30$1,585.37 In five years time, what will be the balance owing on the morteage? $239.877.80 $286,339.93 $334,769.12 $286,443.34 How much has been paid in interest to date? \$602,854.08 $46,462.27 $350,000 $46,759,82 Capacity in consumer lending is evaluated by