Cody and Landon want to buy a $139,000 home. They plan to pay 5% as a down payment, and take out a 30 year loan at 6.3% interest for the balance.

a) How much is the loan amount going to be? $

b) What will the monthly payment (PI) be for Cody and Landon? $

c) How much of the first payment is interest? $

d) What is the total of the payments? $

e) How much interest was paid?