Based on the information given the down payment is:b. $18,650.
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Down payment:</h3>
First step is to calculate the loan:
Laon=Monthly payment[1-(1+r)^-n]/r
Loan=$1,060.93[1-(1+0.065/12)^-360]/(0.065/12)
Loan=$1,060.93×158.210819537
Loan= 167,850
Second step is to calculate the down payment:
Down payment = House price - Mortgage
Down payment =$186,500 -$167,850
Down payment =$18,650
Inconclusion the down payment is: b. $18,650.
Learn more about down payment here:brainly.com/question/26173748
