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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) Correct Ansvers 1. What is your monthly payment? 2. What is the total S 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 S287.48 per month? Enter Answers Here 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 Payment Beginning Payment Amount Interest Paid Principle Paid Ending Balance 0 Balance Loan Input Data Principal Amount Annual Interest Rate Periods Per Year Total Number of Pavments Percentage Rate Per Period Extra Payment per month Amount S650,000.00 4.90% 12 360 S287.48 Grade Mortgage
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