Chapter 7 i Saved Help Help Save & Exit Submit Check my work 5 You plan to purchase a $390,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 4.70 percent. You will make a down payment of 20 percent of the purchase price. 10 points a. Calculate your monthly payments on this mortgage. b. Construct the amortization schedule for the mortgage. How much total interest is paid on this mortgage? eBook Complete this question by entering your answers in the tabs below. Print References Interest ReqB Req B Total Req A Amortization Schedule Construct the amortization schedule for the mortgage? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Amortization Schedule for the 15-Year Mortgage Cumulative Interest Cumulative Principal Principal Interest Month Ending Balance 1 2 3 179 180