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Mortgage Amortization Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about

Mortgage Amortization Complete the loan amortization schedule for a Mortgage that will be repaid over 360 months and answer the following questions (The details about the loan are shown below): 1. What is your monthly payment? 2. What is the total $ amount of payments made over the life of the loan 3. How many months will it take to pay off the loan if you pay an extra $190.84 per month?

Loan Input Data Amount

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Principal Amount $510,000.00 2
Annual Interest Rate 3.50% 3
Periods Per Year 12 4
Total Number of Payments 360 5
Percentage Rate Per Period 6
Extra Payment per month $190.84 7
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Mortgage Score 11
Total Score 0.00 12
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Note: Enter the month when the whole principal is paid off. Also, remember to show the amortization table for the original payment before you submit.

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