You are planning to buy a house. The house costs $169,000 and you have $12,000 cash to pay as a down payment. Your bank will loan you the balance at...

You are planning to buy a house. The house costs $169,000 and you have $12,000 cash to pay as a down payment. Your bank will loan you the balance at 6.25 percent interest for 30 years. You monthly mortgage payment will be...

A.$1,040.56

B.$992.98

C.$966.68

D.$920.15