What would be their monthly mortgage payment if they purchase a home for $342,700 with a 30 year 5% mortgage of $287,500? 0 $2,143 $2,000 $1,574 $2,044 Term Rate 30 Years 25 Years 3.0% $4.22 $4.74 3.5 4.49 5.01 4.0 4.77 5.28 4.5 5.07 5.56 5.0 5.37 5.85 5.5 5.68 6.14 6.0 6.00 6.44 6.5 6.32 6.67 7.0 6.65 7.06 7.5 6.99 7.39 8.0 7.34 7.72 8.5 769 8.05