You need a 20-year, fixed-rate mortgage to buy a new home for $250,000. Your mortgage bank will lend you the money at a 9.1 percent APR for this 240-month loan. However, you can afford monthly payments of only $950, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. Required: How large will this balloon payment have to be for you to keep your monthly payments at $950? Multiple Choice $863,100.28 $145,162.85 $925,385.87 $889,794.1 $128,063.23