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A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13

A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 points. The loan payments will be monthly. The closing cost is estimated to be $2,168.

Calculate the loan principal.

		$130,063.66
		$130.137.18
		$130,181.52
		$130,144.37
		None of the answers are correct

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