You are applying for a mortgage loan at 5.75% over 30 years with monthly payments. The home you are considering is at a price of $279,000. Lenders are offering 80% loan-to-value mortgages to you. What will be your monthly mortgage payment for principal and interest? Same facts as #8, what will be the balance of the loan after you have paid for a full 10 years? Same facts as #8, how long will it take you to pay off 75% of the loan ?