Question: A borrower agrees to purchase a $750,000 value property with a 30% down payment. The mortgage will be paid over 25-years (fixed-rate mortgage) with a

A borrower agrees to purchase a $750,000 value property with a 30% down payment. The mortgage will be paid over 25-years (fixed-rate mortgage) with a 5.655% quoted interest rate. Setup the amortization schedule.

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