If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30 year loan with a fixed rate of 6.25%? a. $2,740.19 b. $2,605.87 c. $1,314.84 d. $1,249.10 please select the best answer from the choices provided a b c d

loanwith a fixed rate of 6.25% is (B) $2,605.87 (approx).What is a loan?loanis the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance.borrower) incurs adebtand is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.principal amountborrowed, theinterest ratecharged by the lender, and the date of repayment.assetsbetween thelenderand the borrower.monthly paymentif we put 5% down for a 30-yearloanwith a fixed rate of 6.25%:loanwith a fixed rate of 6.25% is (B) $2,605.87 (approx).loanshere:https://brainly.com/question/26011426The correct question is given below:

If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30-year loan with a fixed rate of 6.25%?