Karla and juan are purchasing a house and are financing $590,000. the mortgage is a 20-year 6/1 arm at 3.75% with a 3/8 cap structure. what will the remaining balance be after the first 6 years? a. $456,659.67 b. $481,013.90 < - my answer c. $531,456.17 d. $506,961.20 4. wendy is purchasing a condominium and is financing $595,000 with a 20-year 6/1 arm at 5.65% with a 1/8 cap structure. what will her payments be at the beginning of year 7? a. $4400.65 b. $4143.50 < - my answer c. $3623.48 d. $3344.70 5. bart and april are purchasing a house with a 15-year, 2/1 arm for $315,000 at 5.85%, with a 2/8 cap structure. what will the difference in payments be from year 2 to 3? a. $309.69 < - my answer b. $595.18 c. $333.68 d. $86.56