Evaluate the financing package described below based on a purchase price of $500,000 Cost of funds: 7.5% (interest rate) Amortization period: Interest only Amount of funds borrowed: 90% loan to value Loan duration: 10 years (after which balloon will be due) Loan origination fees: 1% plus mortgage fees of 3% Calculate (round all answers in parts 'a-d' to the nearest dollar) a. Loan amount b. Loan fees c. Monthly payment amount d. Balloon payment at the end of the loan duration (if any) e. Indicate whether the particular financing package would be better suited to a short-term holding period, intermediate holding period, or long-term holding period