APR that is 6% for payment every month and borrowed $200000 4 years ago , original maturity for mortagage is 38 years. A 1, Create a timeline of cashflow from the mortgage payments from when the 200000 was borrowed, calculate outstanding mortgage amount today 2,Display the input

B, same sceneior above, please show the work, in this case mortgage maturity is changed , it will equal to the remaining time at the current mortgage and the APR will drop to 3% , and its still monthly payment. Calculate present value of saving if incur closining costs is $2500