if you could please answer both questions, that would be great! thank you:)

Suppose you are looking to buy a house worth $400,000. You are considering a 30-year mortgage loan with an interest rate of 4.5%. Required down payment is 20%. What will be the principal if you go ahead with this loan? Answer in dollars without the dollar sign or commas. Type your response Which of the following is INCORRECT regarding bonds and loans? Balloon loans make a large payment at the very end. "Principal" refers to the amount borrowed. A loan is typically made by a large number of public investors. Amortized loans make fixed periodic payments. Loans are typically more restrictive for the borrowing company compared to bonds