Question 29 3.5 pts A house is sold with a new assumable $160,00 below-market loan at 6% for a total term of 30 years (with 30 years still remaining) and monthly payments of $959.28. Current rates are 7% for 30-year mortgages. If the house sold for $250,000, what is the cash-equivalent value of the house? $234,187 O $225,726 none of the answers are correct $218,374