Question: I Need Help With These Questions/ Calculations. I Have Computed These Already On An Online Mortgage Calculator. I Have The Calculations. 15 Year Amortization: http://www.calculator.net/amortization-calculator.html?cloanamount=175000&cloanterm=15&cinterestrate=4.25&printit=0&x=74&y=19
I Need Help With These Questions/ Calculations. I Have Computed These Already On An Online Mortgage Calculator.
I Have The Calculations.
15 Year Amortization:
http://www.calculator.net/amortization-calculator.html?cloanamount=175000&cloanterm=15&cinterestrate=4.25&printit=0&x=74&y=19
30 Year Amortization:
http://www.calculator.net/amortization-calculator.html?cloanamount=175000&cloanterm=30&cinterestrate=4.5&printit=0&x=18&y=17
Please Help Me These All Revolve Around One Topic It Is Due Today. May God Bless You.

f. If you take the 15 year loan, instead of the 30year loan, assume the home value has not changed. How much additional equity have you built after 12 payments? Explain. What was the total interest paid over the entire life of the 15 year loan? g. h. What was the total interest paid over the entire life of the 30 year loan? f. If you take the 15 year loan, instead of the 30year loan, assume the home value has not changed. How much additional equity have you built after 12 payments? Explain. What was the total interest paid over the entire life of the 15 year loan? g. h. What was the total interest paid over the entire life of the 30 year loan
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