Question: I have a question regarding a mortgage project that I am preparing for a class. I have uploaded a picture. I would like to know
I have a question regarding a mortgage project that I am preparing for a class. I have uploaded a picture. I would like to know how to calculate:
| 1st payment where Principal payment exceeds Interest payment |
| Interest saved by paying $100 extra toward principal each month (Use an online mortgage calculator to find this information.) |

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