good morning i help with all 3 questions please

A borrower takes out an interest-only loan at 6% for $1,000,000 with a 10 year term. What is the monthly payment on this loan? (State your answer as a positive number, rounded to two decimal places. Do not put the dollar sign in your answer) A borrower is interested in comparing the monthly payments on two otherwise equivalent 30 year FRMs. Both loans are for $100,000 and have a 7% interest rate. Loan 1 is fully amortizing, where as Loan 2 has negative amortization with a $120,000 balloon payment due at the end of the life of the loan. How much higher is the monthly payment on loan 1 versus loan 2? , do not include "$" in your answer. A borrower is offered a 30 year fully amortizing ARM with an initial rate of 3.2%. After the first year, the interest rate will adjust each year, using 1 yr LIBOR as the index, plus a margin of 175bp. The price of the property is $8,000,000 and the loan will have an initial LTV ratio of 75%. At the first reset date, 1 year LIBOR is at 3%. Given this information, what is the borrower's payment during the 2nd year of the loan? (State your answer as a positive number, rounded to the nearest cent.) If everything else is equal (interest rates, terms, initial balance, etc) which type of loan would have a higher initial payment, a constant payment mortgage (CPM) or a constant amortization mortgage (CAM)? Constant payment mortgage (CPM) Constant amortization mortgage (CAM)