You have a 6/1 ARM that had an initial balance of $691,203 and an interest rate of 3.4%. After the initial lock period, your rate will go to 8.15%. If you make all the scheduled payments as planned, what will your balance be at the first rate adjustment. Answer should be formatted as a dollar amount rounded to the nearest cent. You purchase a home and finance $258,452 with a 30 -year mortgage. The interest rate is 4.24%. What is the dollar amount of the interest paid as part of the 6th payment? Answer should be formatted as a dollar amount rounded to the nearest cent. You financed your home with a 5/1 ARM. The initial balance on your mortgage was $208,947. Your interest rate for the initial lock period is 3.79%, which will adjust to 5.35%. How much will your new payment be after the rate adjusts? Answer should be formatted as a dollar amount rounded to the nearest cent. You have a 6/1 ARM that had an initial balance of $691,203 and an interest rate of 3.4%. After the initial lock period, your rate will go to 8.15%. If you make all the scheduled payments as planned, what will your balance be at the first rate adjustment. Answer should be formatted as a dollar amount rounded to the nearest cent. You purchase a home and finance $258,452 with a 30 -year mortgage. The interest rate is 4.24%. What is the dollar amount of the interest paid as part of the 6th payment? Answer should be formatted as a dollar amount rounded to the nearest cent. You financed your home with a 5/1 ARM. The initial balance on your mortgage was $208,947. Your interest rate for the initial lock period is 3.79%, which will adjust to 5.35%. How much will your new payment be after the rate adjusts? Answer should be formatted as a dollar amount rounded to the nearest cent