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Complete the following problems to help you prepare for your Quiz. Learning Goal from Lesson 10.1 How I Did (Circle one) I can compute the mortgage loan amount. I got it! I'm still learning it. Find the amount of the a) down payment, and b) mortgage lonn amount. 1. The Windens have purchased their first home at a selling price of $110,900. They made a 30% down payment. (1 point) How I Did (Circle one) Learning Goal from Lesson 10.2 I ne table or formule to determine the monthly payment, the total amount paid, and the total interent charged. I got it I'm still learning it. Find the a) monthly payment, b) total amount paid, and e) total interest charged 2. Maurice Bolton is buying a new condominium for $197,000. He plans to make a 30% down payment and finance the rest at 6% for 20 year. (1 point) 3. Chris and Beth Miceli made a $235,000 offer for the purchase of a new home, which was accepted. They made a 30% down payment and financed the rest. Using the closing cost table below, find the mortgage total if they include the closing costs in the mortgage amount (1 point) Closing Costs Application Fee $450 Borrower's Credit Check $100 Points 1.50% of mortgage Appraisal Fee $350 Title Search $250 Title Insurance 1.00% of mortgage Inspection $500 Attorney Fee $650 Documentation Stamp 0.30% of mortgage Processing Fee 2.40% of mortgage Learning Goal from Lesson 10.4 I can compute the allocation of the monthly payment to principal and interest, and the new principal How I Did (Circle one) I got it! I'm still learning it For the first monthly payment, compute the a) Interest, b) amount for principal, and c) new principal 4. Matthew Hansen bought a home for which he obtained a $38.600 mortgage loan at n 5.5% interest rate. His monthly payment is $2.779.18. (2 points) 8. Frank and Yvette Shelby have a condo. The monthly gross income for Frank is $1,860 and for Yvette is $1,900. Find the total expenses for March. Are their housing costs within the 35% guideline for their combined income? (2 points) Condo Expenses for March Mortgage Payment $533.50 Insurance-Liability and Contents 35.55 Home Equity Loan 132.40 Electricity 158.66 Heating (gas) 243.80 Internet & Phone Bundle 68.75 Water & Sewer 65.30 Satellite TV Service 51.00 Total $ Learning Goal from Lesson 10.9 I can calculate the average monthly cost of renting a home, and compare the total costs of renting to the total costs of owning a home. How I Did (Circle one) I got it! I'm still learning it 9. Carrington Alvarez renta an apartment for $1,100 a month. She has these annual expenses electricity, 8960; gas, 1,010, phone cablo/internet, $1,900; insurance $375; and lost interest, S47. What are her a) annual expenses, and b) average monthly expenses? (2 points)