A 1 Mortgage Amortization B C D E F G H | J K L 2...
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A 1 Mortgage Amortization B C D E F G H | J K L 2 Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about the loan are shown below): Correct Answers 3 4 1. What is your monthly payment? 5 2. What is the total $ amount of payments made over the life of the loan 6 3. How many months will it take to pay off the loan if you pay an extra $123.89 per month? 7 Enter Answers Here. Note: Enter the month when the whole principal is paid off. Also, remember to show the amortization table for the original payment before you submit. Payment Amount Interest Paid Principle Paid Ending Balance 9 Loan Input Data 10 Principal Amount 11 Annual Interest Rate 12 Periods Per Year 13 Total Number of Payments 14 Percentage Rate Per Period 15 Extra Payment per month Grade Mortgage 16 17 18 19 Mortgage Score 20 Total Score 21 24 30 31 33 34 89222222222222222-2375 26 FEEDBACK: 25 Amount Payment Beginning No. Balance 1 2 3 4 5 6 7 8 9 10 11 0.00 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 A 1 Mortgage Amortization B C D E F G H | J K L 2 Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about the loan are shown below): Correct Answers 3 4 1. What is your monthly payment? 5 2. What is the total $ amount of payments made over the life of the loan 6 3. How many months will it take to pay off the loan if you pay an extra $123.89 per month? 7 Enter Answers Here. Note: Enter the month when the whole principal is paid off. Also, remember to show the amortization table for the original payment before you submit. Payment Amount Interest Paid Principle Paid Ending Balance 9 Loan Input Data 10 Principal Amount 11 Annual Interest Rate 12 Periods Per Year 13 Total Number of Payments 14 Percentage Rate Per Period 15 Extra Payment per month Grade Mortgage 16 17 18 19 Mortgage Score 20 Total Score 21 24 30 31 33 34 89222222222222222-2375 26 FEEDBACK: 25 Amount Payment Beginning No. Balance 1 2 3 4 5 6 7 8 9 10 11 0.00 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
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