I need help with this using excel

3. Assume the homeowner has made the minimum required monthly payments on the mortgage and 5 years have passed. If the homeowner's income has increased and he/she decides to increase the monthly payments to $1500, how many months and years willt take to retire the mortgage? Months Years 1. A bank customer obtains a $150,000 mortgage with a term of 15 years and a nominal interest rate of 4.20%. The monthly debt service/payment for the mortgage (round to the last cent) is: 2. If the homeowner makes the minimum monthly required payments on the mortgage, what is the balance on the mortgage after 5 years - i.e. after the 60th payment is made fround to the last cent? 3. Assume the homeowner has made the minimum required monthly payments on the mortgage and 5 years have passed. If the homeowner's income has increased and he/she decides to increase the monthly payments to $1500, how many months and years will it take to retire the mortgage? Months Years