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Create a loan amortization chart on excel and answer the following question A couple bought a $ 1 0 0 , 0 0 0 house

Create a loan amortization chart on excel and answer the following question
A couple bought a $100,000 house six years ago using 10% down and a 15 year mortgage with
an annual interest rate of 7.8%. What are their monthly payments? What percentage of their total
payments over the last six years went to paying off the principal? Starting today the couple
decides to pay $100 extra on their monthly payment, how long will it take to pay off the house?

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