Assignment Two: Again, using the Amortization Chart you downloaded, complete the amortization schedule using the following information: The Purchase price for the property is $185,000 and the buyer is paying 5% down. What is your beginning loan amount? $ The interest rate is 51/4%. It is a 15 -year term. The monthly payment for the mortgage will be $ What is the balance after the third payment? \$ Amortization Chart Monthly Payment Per $1,000 of Mortgage