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Assume you obtain a mortgage for $295,000, the term of the loan is for 30 years, it has an annual rate of 8.150%, and you

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Assume you obtain a mortgage for $295,000, the term of the loan is for 30 years, it has an annual rate of 8.150%, and you make payments every month. Please provide the following information: First month's payment: (Click to select) First month's Interest: (Click to select) First month's principal: (Click to select) Balance at the end of the first month: (Click to select) Total Interest paid over the life of the loan: (Click to select) parts ou need to answer all parts for full credit. Assume you obtain a mortgage for $295,000, the term of the loan is for 30 years, it has an annual rate of 8.150%, and you make payments every month. Please provide the following information: First month's payment. $2.195,53 First month's interest: $2.003.54 First month's principal $259.19 Balance at the end of the first month: 5292,804.47 Total Interest paid over the life of the loan: 5502 274

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