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Intro You just took out a 15-year traditional fixed-rate mortgage for $500,000 to buy a house. The interest rate is 1.2% (APR) and you have

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Intro You just took out a 15-year traditional fixed-rate mortgage for $500,000 to buy a house. The interest rate is 1.2% (APR) and you have to make payments monthly. Attempt 1/3 for 10 pts. Part 1 What is your monthly payment? 0+ decimals Submit Part 2 Attempt 1/3 for 10 pts. How much of your first monthly payment goes towards paying down the outstanding balance (in $)? 0+ decimals Submit

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