David and Debi Davidson have just signed a 15-year, 4% fixed-rate mortgage for $650,000 to buy their house. Find out this couple's monthly mortgage payment by preparing a loan amortization schedule for the Davidsons for the first 2 months; find out how much of their payments applied to interest; and after 2 payments, how much of their principal will be reduced.

(Construct a loan amortization schedule and show your calculations for two monthly payments).