10. A mortgage loan is made for $125,000 at 7% interest for 20 years. What is the monthly payment? PMT $969.12 What will be the total of payments for the entire 20 year period? Of this total, how much will be interest? Total- $232,590 Interest S107,590 a A borrower obtains a mortgage loan for S85,000 at 10% interest for is years, what is the monthly payment on the loan? What is the dollar amount of the interest payment for the first month of the loan? What is the dollar amount of the principal payment for the first month of the loan? 2os o8 70) , 33 913.103 33 11. A couple purchases a home for $250,000. In order to finance his purchase, they secure an 80% loan to value ratio loan for fifteen years at 7% interest. what is the monthly payment? what is the loan balance after seven (7) years? pmt $1797.66 balance -$131,853.73 a. A couple purchases a home for $400,000. In order to finance this purchase, they secure an 80% loan to value ratio loan for fifteen years at 5% interest what is the monthly payment? what is the loan balance after five (5) years