Section 5 - Mortgage Calculation X Instructions Find the MONTHLY mortgage PAYMENT of stress tested(+2%) on your rate of 3.75% with a 25 year amortization mortgage. You will use the mortgage amount from previous sections. You must also determine the amount of INTEREST, PRINCIPAL and BALANCE owing for the mortgage after 2 Years and 7 Months. Input all the TVM variables and answers into the fields below. Amortization Mortgage Amount From Previous Question $276418 25 Years P/Y C/Y Present Value of Loan (P\ P1 Months P2 Months 12 12 276418 24 7 Number of Periods (N) Monthly Payment (PMT) BALANCE OWING (BAL) 240 Mortgage Rate As % (V/Y) Value At End of Loan (FV PRINCIPAL PAID (PRN) 3.75 0 Section Value: 7 INTEREST PAID (INT) Submit Answers