Question Help You are thinking of purchasing a house. The house costs $250,000. You have $36,000 in cash that you can use as a down payment on the house, but you neod to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual annual payment if you sign this mortgage? payments and has an interest rate of 7% per year what will be your The annual payment is $(Round to the nearest dollar.)