Using your opportunity cost, determine the present value of your mortgage payments.The cost of the house is $430,000. In addition, it states to evaluate the house you need a discount rate.As you consider the house as an investment, theaverage rate of return earned on your investments and use that as your discount rate.If you don't really have a lot of investments then estimate the rate that you would earn if you had investments.

Rate: 3.312%

Monthly:1,697for 30 years

Opportunity cost: ?

Present value: ?

What is the present value based off of this information?