You need a 30-year, fixed-rate mortgage to buy a new home for $180,000. Your mortgage bank will lend you the money at a 7.6 percent APR for this 360-month loan. However, you can afford monthly payments of only $900, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. How large will this balloon payment have to be for you to keep your monthly payments at $900? Multiple Choice $25,955.01 $530,333.32 X $494,637.81 $509,935.89 $52,534.74