You want to buy a house that costs $260,000. You will make a down payment equal to 10 percent of the price of the house and finance the remainder with a loan that has an interest rate of 5.39 percent compounded monthly. If the loan is for 20 years, what are your monthly mortgage payments? $1,588.02 $1,616.89 $1,541.98 $1,59515 $1,674.91