5. A fixed-rate, level-payment mortgage loan has the following properties: maturity =360 months, amount borrowed=$250,000, annual mortgage rate=6% a. Construct a amortization table for the first 5 months b. What is the mortgage balance and scheduled principal at the end of 260th period( do not have to show the amortization table, just specify Balance and principle amount) Explain why, in a fixed-rate mortgage, the amount of the mortgage payment applied to interest declines over time, while the amount applied to the repayment of principal increases. 5. A fixed-rate, level-payment mortgage loan has the following properties: maturity =360 months, amount borrowed=$250,000, annual mortgage rate=6% a. Construct a amortization table for the first 5 months b. What is the mortgage balance and scheduled principal at the end of 260th period( do not have to show the amortization table, just specify Balance and principle amount) Explain why, in a fixed-rate mortgage, the amount of the mortgage payment applied to interest declines over time, while the amount applied to the repayment of principal increases