Question: Please write a Python program that will provide mortgage loan pre-approval information to a customer. The program should ask the user the annual gross income

 Please write a Python program that will provide mortgage loan pre-approval

Please write a Python program that will provide mortgage loan pre-approval information to a customer. The program should ask the user the annual gross income is, the length of mortgage loan, and the annual interest rate. Assume that the user afford to spend 25% of his monthly gro4s income on monthly mortgage payments. Your program will output the principal and monthly payment for mortgage loan the based on the inputs received from the user. The interest entered and the length of the loan must be entered in annual rate and years respectively. -P[1-(1-1) Please check monthly interest rate, N is the number of monthly payments or the loan's term, and A is the loan's principal. The program should assume that the user will not put any money down on any of the loans. Assume a fixed interest rate for the mortgage method. You should create a Mortgage function to handle the calculation of the principal amounts for the mortgage. In addition, you should also have at least two functions (which must receive at least one argument with an appropriate return usage) to determine the monthly payments and the principle for the mortgage component of the assignment. , where P is the monthly payment, i is the

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