My Notes O-(0.9 points /s Submissions Used was 30 years, and dropped to t Olane secured a bank loan of $310,000 to helo finance the purchase of a lof in the San Francisco Bay area. The term of the mortgage the interest rate was 8% per year compounded monthly on the unpaid balance. Because the interest rate for a 7% per year compounded monthly, Diane is thinking of refinancing her property. (Round your answers to the conventional 30-year home mortgage has now nearest cent.) (a) What Is Diane's current monthly mortgage payment? (b) What is Diane's current outstanding balance? the amount of the current outstanding principal at the prevalling (c) If Diane decides to refinance her property by securing o 30-year home mortgage lon in ne a rate of 7% per year compounded monthly, what will be her monthly mortgage payment? Use the rounded outstanding balance (a) How much less would Diane's monthly mortgage payment be he refeances the rounded values from parts (a)-(c) My for the purchase of a house. The mortgage is to be amortized through monthly payments for a term of 15 years, with an interest on the unpaid balance. She plans to sell her house in 10 years. How much will Sarah still owe on her house at that time? (Round your answer to the nearest cent.) 32168587 0X