Five years ago, you bought a home with a purchase price of $210,000 and you paid 10% of that amount as a down payment and financed the remainder. Your mortgage loan terms are 30 years of monthly payments at an annual rate of 3.24%. Do no interim rounding on the calculated monthly interest rate.

1. How much are your monthly mortgage payments?
2. Over the life of the original loan, how much would you pay in interest?
3. Remember that you took this loan out 5 years ago (60 payments). You got a new job and are moving across the country. You will be selling this house and looking at buying something new. Considering the 5 years of payments you have made; how much do you still owe on your home?