Related to Checkpoint 6.3) (Determining the outstanding balance of a loan) Five years ago you took out a $200,000,30-year mortgage with an annual interest rate of 8 percent and monthly payments of $1,467.53. What is the outstanding balance on your current loan if you just make the 60 th payment? f you just make the 60th payment, the outstanding balance on your current loan is $ (Round to the nearest cent.)