Question: please show calculation I am overwhelmed Question 5 {25 points. Mortgage Computations. You have obtained a $175,000, 4.75%, 30-year mortgage What is your monthly payment?

please show calculation I am overwhelmed Question 5 {25 points. Mortgage

please show calculation I am overwhelmed

Question 5 {25 points. Mortgage Computations. You have obtained a $175,000, 4.75%, 30-year mortgage What is your monthly payment? How much will you pay into principal the 23rd month of this mortgage? How much interest will you pay in the 23rd month of this mortgage? How much will you pay into principal the 5th year of this mortgage? How much will you pay into interest in the 5th year of this mortgage? What will your balance be at the end of year 5? If your bank charged you 2.0 points to obtain this loan, and you keep it for 30 years, what yield (APR) will the bank earn

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