only needs answer of part e and f.

Your New Home and Mortgage You have graduated and completed your education, landed a job you always dreamed of and are now ready renle down You are considering purchasing a new home Bank are offering 25 year mortgages or should you go with a 20 year mortgage? Original Amount PVI Amortizabon Term Ten Years 250,000 25 Years 5 years 5%. Monthly 50,000 Deduct from original amount Pament Frequency You have reved fora de Use the Canadian Mortgage Calculator (Freelto answer the following questions: What is the monthly payment with a 25 year amortization? 2 marks bites 25 yeas to pay on the above terms] how much total interest will you pay? 2 marks el set the monthly payment using the same terms on a 20 year amortization? 2 marks + CIFR 20 years to pay on the above terms how much total interest will you pay 1mark What mortgage should you choose and why? 1mark What would happen you could only put 5% down on the orginal investment? 2 marks Interest? Payment