Problem 4 and 5-8 House Appreciation and Mortgage Payments Say that you purchase a house for $186,000 by geting a mortgage for $165,000 and paying a $21.000 down payment. If you get a 15-year mortgage with a 7 percent interest rate, what are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.) What would the loan balance be in five years? (Do not round final answer to 2 decimal places) diate calculations and round your PVA f the house appreciates at 4 percent per year, what will be the vaue of the house in five years? (Do not round intermediate calculations and round your final answer to 2 decimal places,) How much of this value is your equity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) References eBook & Resources