PELU 4. The Finances prefer a 15-year mortgage, but 15-year monthly mortgage payment is more than prefer to pay and want to know some options to get the payment down to their $2000/month goal. a) What APR on a 15-year mortgage with the same down payment and loan amount would meet Finances monthly payment goal? pmt nper pv fv rate -2000 180 329000 0.1010715% b) What loan term (in years) with a 3.25% APR would meet Finances monthly payment goal? nper pmt pv 218.0397311 -2000 329000 0.271% 18.16997759 rate years c) What down payment on The Bank of United States 15-year mortgage with the 3% APR would meet Finances monthly payment goal? How much more than the original planned $100,000 down payment would they need? nper 180 0.0025 rate pmt -2000 $289,610.94 pv TIP: HII. Lid l. r