You originally bought a home with a $750,000 mortgage and you chose the variable closed rate of 2.5 percent that your bank offered. You were just informed that they rate just increased to 3.5 percent as inflation has picked up. What is your monthly payment now? Numeric Response 218,750 You originally bought a home with a $750,000 mortgage and you chose the variable closed rate of 2.5 percent that your bank offered. You were just informed that they rate just increased to 3.5 percent as inflation has picked up. What is your monthly payment now? Numeric Response 218,750