You have just purchased the house and have put a 20% down payment, and will borrow the remaining amount. The 15-year fixed rate loan has an Annual Percentage Rate (APR) of 3.75%. You will make monthly payments for the life of the loan. Q5. How much is your monthly payment? Select one: a. $2,000 to $2,500 b. $1,000 to $1,500 c. $1,500 to $2,000 d. More than $2,500 e. Less than $1,000 You have just purchased the house and have put a 20% down payment, and will borrow the remaining amount. The 15-year fixed rate loan has an Annual Percentage Rate (APR) of 3.75%. You will make monthly payments for the life of the loan. Q5. How much is your monthly payment? Select one: a. $2,000 to $2,500 b. $1,000 to $1,500 c. $1,500 to $2,000 d. More than $2,500 e. Less than $1,000