Find the monthly payment needed to amortize a typical $115,000 mortgage loan amortized over 30 years at an annual interest rate of 5.7% compounded monthly. (Round your answers to the nearest cent.) $ Find the total interest paid on the loan. $

A fully amortizing mortgage loan is made for $84,000 at 6 percent interest for 25 years. Payments are to be made monthly. Required: a. Calculate monthly payments. b. Calculate interest and principal payments during month 1. c. Calculate total principal and total interest paid over 25 years. d. Calculate the outstanding loan balance if the loan is repaid at the end of year 10. e. Calculate total monthly interest and principal payments through year 10. f. What would the breakdown of interest and principal be during month 50?

Find the monthly payment needed to amortize a typical $220,000 mortgage loan amortized over 30 years at an annual interest rate of 5.3% compounded monthly. (Round your answers to the nearest cent.) = $ b) Find the total interest paid on the loan.   =   $

Consider a home mortgage of $200,000 at a fixed APR of 3% for 25 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. a. The monthly payment is $ (Do not round until the final answer. Then round to the nearest cent as needed.) b. The total amount paid over the term of the loan is $ (Round to the nearest cent as needed.) c. Of the total amount paid,% is paid toward is paid % toward (Round to one decimal place as needed.) the principal, the principal, and % is paid for interest. and

Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $700,000 borrowed at 5% for 7 years, with quarterly payments PMT = $

Find the total monthly payment, including taxes and insurance, for the given mortgage loan using the table. Calculator answers may be slightly different. (Round your answer to the nearest cent.) Amount   Rate   Time(Years)   AnnualTaxes   AnnualInsurance $110,000   9%   15   $1500   $1200 $

Solve the problem. If​ necessary, use the table of monthly payments below. Round your answer to the nearest cent.   Find the monthly payment needed to amortize principal and interest for the following​ fixed-rate mortgage. Mortgage​ amount: ​$177,000 Term of​ mortgage: 10 years Interest​ rate: 9%

Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $20,000 borrowed at 4% for 10 years, with monthly payments

Find the monthly house payments nessary to amortize the following loan. Find total payments and total interest paid. 198000 at 6.94% for 30 years.

Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. Twenty-year mortgage for $280,000 at 3.78%; remaining balance after 12 years.