With interest rates near an all-time low, a family decides to purchase their dream home. The house will cost $300,000. The family will pay 15% as a down payment, and finance the remaining balance with a 15 -year fixed rate mortgage. The mortgage will call for monthly payments at a 4.20% APR. What is the monthly payment on the loan? (round to nearest dollar) $2,349 $2,142 $1,789 $2,566 $1,912