Using the following information, answer the following 4 questions. You want to purchase a home for $580,000; the fixed rate loan is 3.5% for 30 years. 16. What is the monthly payment of principal and interest? $2,054.22$2,599.52$2,646.73$2,604.46 Question 17 5 pts Using the following information, answer the following question. You want to purchase a home for $580,000; the fixed rate loan is 3.5% for 30 years. 17. How much of the first payment is principle? $831,20 $631.25 Using the following information, answer the following 4 questions. You want to purchase a home for $580,000; the fixed rate loan is 3.5% for 30 years. 18. How much total interest will you pay over the life of the loan? $410,827.20$357,605,60$314,519.20$427,822.80 Question 19 Using the following information, answer the following 4 questions. You want to purchase a home for $580,000; the fixed rate loan is 3.5% for 30 years. 19. What is the principle balance after making 9 years' worth of payments? $464,321.31$464,736.08