Question 1: House Purchase House Price: $364,000.00 Closing cost: $9,500.00 (b) After the down payment is made, find how much money you need a loan for in order to buy this house. What is the amount you will need to borrow from the bank? (d) You take out a 30-year fixed loan with an APR of 4.45%. We will be ignoring the property taxes and insurance costs for now, what will your monthly mortgage payment be? Hint: do not round any intermediate calculations. Round your final answer to 2 decimals. Use your information from Question lb. Hint: setup the equation and declare your variables, then plug everything into your calculator to solve it. (e) Now find how much total money you will pay for the mortgage over 30 years. (f) How much interest are you paying on the mortgage over 30 years? (8) In Illinois, the Assessor's Office for the township you live in puts an assessed value on your home each year. Assume your home is worth the exact price you purchased it for (see your dataset for the value). The assessed value is 1/4 of market value. What is the assessed value for your home? Round your final answer UP to the nearest whole number. Question 1: House Purchase House Price: $364,000.00 Closing cost: $9,500.00 (b) After the down payment is made, find how much money you need a loan for in order to buy this house. What is the amount you will need to borrow from the bank? (d) You take out a 30-year fixed loan with an APR of 4.45%. We will be ignoring the property taxes and insurance costs for now, what will your monthly mortgage payment be? Hint: do not round any intermediate calculations. Round your final answer to 2 decimals. Use your information from Question lb. Hint: setup the equation and declare your variables, then plug everything into your calculator to solve it. (e) Now find how much total money you will pay for the mortgage over 30 years. (f) How much interest are you paying on the mortgage over 30 years? (8) In Illinois, the Assessor's Office for the township you live in puts an assessed value on your home each year. Assume your home is worth the exact price you purchased it for (see your dataset for the value). The assessed value is 1/4 of market value. What is the assessed value for your home? Round your final answer UP to the nearest whole number