You have decided to buy a house and finance it with a 20-year, 4.25% APR mortgage.  The house costs $625,000 and the bank requires a 20% down payment.  All mortgage payments are made monthly at the beginning of the month.  Show your work. Complete the amortization schedule below for the first three months of the mortgage.

Show the first two lines of the amortization table for your new home mortgage, assuming a sellingprice of $118,500, a down payment of 6%, annual interest rate 5.3% compounded monthly, andmonthly payments on a 30-year mortgage. (Please help by solving through calculator)

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…

A couple borrows 275000.00 for a mortgage that requires fixed monthly payments over 25 consecutive years. The first monthly payment is due in one month. If the interest rate on the mortgage is 4.00%, which of the following comes closest to the monthly payment?

A family needs to take out a 15​-year home mortgage loan of $170,000 through a local bank. Annual interest rates for 15​-year mortgages at the bank are 3.5% compounded monthly.   ​(a) Compute the​ family's monthly mortgage payment under this loan. ​(b) How much interest will the family pay over the life of the​ loan?

Please show full steps along with concept.

Consider a home mortgage of $125,000 at a fixed APR of 4.5% 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.)

please help me

Use chart.

5) You have a 25-year $800,000 mortgage that you make monthly payments on. The quoted rate of is 4.54% compounded semi-annually. Show the amortization table for the first 3 payments. How much interest payments have you done after the first 3 payments. What is the balance of the loan at the end of year 12?