Question: I got the first half right but do not know how to get the second half, please show me how you get the answer, thanks.

I got the first half right but do not know how to get the second half, please show me how you get the answer, thanks.

A 30 -year fully amortizing mortgage loan was made 10 years ago for $87,000 at 6 percent interest. The borrower would like to prepa the mortgage balance by $12,400. Required: a. Assuming he can reduce his monthly mortgage payments, what is the new mortgage payment? b. Assuming the loan maturity is shortened and using the original monthly payments, what is the new loan maturity? Complete this question by entering your answers in the tabs below. Assuming he can reduce his monthly mortgage payments, what is the new mortgage payment? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) A 30 -year fully amortizing mortgage loan was made 10 years ago for $87,000 at 6 percent interest. The borrower would like to prepary the mortgage balance by $12,400. Required: a. Assuming he can reduce his monthiy mortgage payments, what is the new mortgage payment? b. Assuming the loan maturity is shortened and using the original monthly payments, what is the new loan maturity? Complete this question by entering your answers in the tabs below. Assuming the loan maturity is shortened and using the original montily payments, what is the new loan maturity? (kound

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