What is the monthly payment on a $460,000 mortgage? Assume a standard 30 -year, 6.8% mortgage with monthly payments. $3,068 $2,998 $2,822 $3,190 $2,955 Question 2 1 pts You purchase a condominium for $125,000. The bank requires a 20% down payment. You borrow the remainder as a 30 -year, 5.4% mortgage with monthly payments. What portion of the payments during the first 25 months goes toward principal? 20.98% 20.17% 21.25% 22.78% 22.41%