Question: help asap the one already posted is wrong!! 1. Assume you are looking to buy a house for $250,000 with a 25 -year mortgage at
help asap the one already posted is wrong!!

1. Assume you are looking to buy a house for $250,000 with a 25 -year mortgage at 12% APR fixed, estimate the monthly modpage payment. How much money from the monthly peyment goes towards equity in the first month? Second month? (Gee textbook jection 92 2a). 3. What impacts does a financial institution have on is imvestors when a purchases a large number of mortgoge-backed securites and why? Provide an example
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