Question: Please make the whole form and answer the questions Correct Answers C D 1 Mortgage Amortization 2. Complete tlelo amortization schedule for a Mortgage that
Correct Answers C D 1 Mortgage Amortization 2. Complete tlelo amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about the lowe show below) 4 1 What is your monthly payment? 5 2. What is the total amount of payments made over the life of the loan 3. How many months will it take to pay off the loan if you pay an extra $2768 per mouth? Fetet Answers Here 17 Note: Enter the man when the whole principal is paid el. Also, remember to show the amerdallow table for the areal payment before you sami Payment Bening Balance Payment Amount interest Paid Principle Paid Racing Balance No Loan luput Data LO Principal Amount 11 Annual Interest Rate 12 Periods Par Yeat 13 Total Number of Payments 14 Percentage Rate Per Period 15 Extra Payment per month Amount 1560,000.00 5.9096 12 360 1 2 3 3 6 276.80
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
