Say That You Purchase a House for $150,000 by Getting

Multiple Choice

Say that you purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. If you get a 15-year mortgage with a 6 percent interest rate, what are the monthly payments?

A) $997.28
B) $1,072.51
C) $1,139.21
D) $1,238.93