12. What is the payment in month 13 on a CAM loan for $250,000 with a maturity of 15 years at 5.85%? (Fill in Excel)
Loan Amount
Years
Periods Per Year
Payment Month at Issue Here
Interest Rate
Constant Amortization Amount
What is the interest paid in month 14 on the loan in the previous question?
Loan Amount
Years
Periods Per Year
Payment Month at Issue Here
Interest Rate
Constant Amortization Amount
What is the balance at EOM 34 of the loan in the previous question?
Loan Amount
Years
Periods Per Year
Payment Month at Issue Here
Interest Rate
Constant Amortization Amount