U lVIaLIIIIlldII LCEIIIIIIE There are two common choices for the term of a home mortgage: 15 years or 30 years. Suppose you need to borrow $90000 at an APR of 5.4% to buy a home. What will your monthly payment be if you opt for a 15year mortgage? (Round your answer to the nearest cent.) The monthly payment is 5}; 730-62 What percentage of your rst months payment will be interest if you opt for a 15year mortgage? (Round your answer to two decimal places as a percentage.) The percentage is 55-43 %. How much interest will you have paid by the end of the 15year loan? (Round your answer to the nearest cent.) What will your monthly payment be if you opt for a 30year mortgage? (Round your answer to the nearest cent.) How much interest will you have paid by the end of the 30year loan? (Round your answer to the nearest cent.)