The price of a condominium is $156.000. The bark requires a 5% down payment and one point at the time of closing. The cost of the condominium is financed with a 30-year fixed-rate mortgage at 7%. Use the following formula to determine the regular payment amount Complete parts (a) through (e) below PM a. Find the required down payment b. Find the amount of the mortgage c. How much must be paid for the one point at closing (Round to the nearest as needed) d. Find the monthly payment excluding escrowed and insurance) Hound to the nearest dollar sned) Find the total cost of interest over 30 years Hound to the nearest rased