1. Given the following information, please find the monthly installment, total repayment, and the Finance charge ( Total repayment- Amount borrowed) for the mortgage.

   Purchase Price	$ 250,000.00
   Down Payment ( 10%)	$ 25,000.00
   Mortgage Amount borrowed	$
   Years for Mortgage	20
   Months
   Interest Rate APR	4%
   Monthly rate

   ($1,187.92)
   $ (285,100.88)
   $ (105,100.88)

   ($1,363.85)

   $ (434,825.51)

   $ (209,825.51)

   ($1,553.81)

   $ (279,685.56)

   $ (102,229.38)

   ($1,363.46)

   $ (327,229.38)

   $ (102,229.38)