John took out a 30-year mortgage on a $120,000 house. He paid an 8% down payment and the loan had an annual interest rate of 7% compounded monthly. He wants to see the house after 10 years.

What is the principal and the monthly payment of the loan?

Calculate the total amount of money John paid after 10 years

Calculate the amount that John has reduced the loan by after 10 years of payment or what is the remaining balance of the house after 10 years?

If the house is worth $150,000 after 10 years, how much equity does John have in the house?