Question: J K L 4 9 B C D E F G H I 1 Mortgage Amortization Complete the loan amortization schedule for a Mortgage that

J K L 4 9 B C D E F G

J K L 4 9 B C D E F G H I 1 Mortgage Amortization Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about the loan are shown below): 3 Correct Answers 1 1. What is your monthly payment? 5 2. What is the total $ amount of payments made over the life of the loan Enter Answers Here. 5 3. How many months will it take to pay off the loan if you pay an extra $130.89 per month? - 7 Note: Enter the month when the whole principal is paid off. Also, remember to show the amortization table for the original payment before you submit. Payment Payment No. Beginning Balance 3 Interest Paid Principle Paid Ending Balance Amount Loan Input Data Amount 1 0 Principal Amount 310,000.00 2 2 1 Annual Interest Rate 4.50% 3 Periods Per Year 12 3 Total Number of Payments 360 S Percentage Rate Per Period 6 Extra Payment per month 130.89 7 6 8 Grade Mortgage 7 9 8 10 9 Mortgage Score 11 1 1 0 Total Score 0.00 12 1 13 1 2 14 1 3 15 12 4 16 10 5 17 1 6 FEEDBACK: 18 7 19 8 20 9 21 0 22 1 . 23 2 24 3 25 4 26 5 27 6 28 7 29 0.Case Instructions CarLoan Mortgage +

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