Case 2:

Amy is planning to purchase a house worth $300,000. She has saved $100,000 and is considering taking out a mortgage loan from a bank for the remaining $200,000. The loan has a term of 30 years and an interest rate of 4% per year. The bank has provided her with a loan amortization schedule to help her understand the repayment process.

Task:

Use the provided loan amortization schedule to calculate the monthly payments, interest payments, and principal payments for the first five years of the loan.