You want to buy a $239,000 home. You plan to pay 15% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is 6% ? c) What will your monthly payments be if the interest rate is 7% ? You can afford a $1050 per month mortgage payment. You've found a 30 year loan at 8% interest. a) How big of a loan can you afford? b) How much total money will you pay the loan company? c) How much of that money is interest? You owe $22,000 on student loans at an interest rate of 5.2% compounded monthly. You want to pay off the loan in 14 years. What will your monthly payments be? How much interest do you pay