Please show how to solve this and please show step by step how to solve to answer questions A. and B. .  You borrow a Graduated Payment Mortgage (GPM) of $400,000 with monthly payments and 15-year term.  The annual interest rate is 4%. The lender allows you to pay only 0.5 monthly PMT for the first 5 years and pay full monthly PMT thereafter. In other words, your payment factors are as follows:  month 1-month 60: 50%; and month 61- month 180: 100%.   Suppose that the origination cost of the loan is $5,000, please answer the following questions: A. What is your monthly payment for the first 5 years? B. What is your annual effective cost of the GPM if you hold the loan for an entire term?

if you can do 10 or so entries instead of 360 months, i think that would be enough for me to understand how you get the answer. Thanks

Can you please show the step-by-step solution. please do not skip steps. Explain how you got the answer you did

How would I complete this?

A customer of your bank comes for a car loan 10000 OMR. He is charged with an interest rate of 5% per year. The customer expects a monthly repayment schedule from you, to plan his repayment. Provide a loan amortization schedule for a monthly repayment of 1 year. (Amortization factor is 0.952 )

You have approached your bank for a 30 year mortage loan in the sum of $2,160,000. The bank has agreed to lend you the money at the annual rate of 6.32% a Caluate the montly repayment on this loan  b Compute the interest payment for the first month of the loan based on the answer in a.

Problem:  Please answer the following questions regarding a $300,000 Mortgage Loan with monthly amortization over 30 years and an annual interest rate of 6%.    What is the loan payment for a (30 year loan (360 monthly payments) of $300,000 at 6%?   Question Answer What is the monthly payment amount? Loan Monthly Payment: How much interest and how much is principle on the first payment? Interest: Principle: How much interest and how much is principle on the second payment? Interest: Principle: If after the second payment an addition $10,000 was paid on principle.  How much would the interest be on the third payment? Interest:

Use chart.

The following loan is a simple interest amortized loan with monthly payments. (Round your answers to the nearest cent.) $7000, 0.085, 4 years   (a) find the monthly payment   (b) find the total interest

Use PMT formula on the image uploaded to determine the regular payment​ amount, rounded to the nearest cent. The cost of a home is financed with a $150,000 20​-year fixed-rate mortgage at 3.5​%.   a. Find the monthly payments and the total interest for the loan.   b. Prepare a loan amortization schedule for the first three months of the mortgage. ______________________________________________________________ a. The monthly payment is ​$________.. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.)   - The total interest for the loan is $_______. ​(Use the answer from part a to find this answer. Round to the nearest cent as​ needed.)   b. Fill out the loan amortization schedule for the first three months of the mortgage below.   Payment Number Interest Principal Loan Balance   1 ​$ ​$ ​$   2 ​$ ​$ ​$   3 ​$ ​$ ​$   ​(Use the answer from part a to find these answers. Round to the…