Payment Beginning Amount Payment Interest Repayment of Principal 1 Ending Balance 2. 3 4 5 6 Total: -2 161,430 The total of the Interest column indicates the amount of interest expected to be paid over the life of the loan, and the sum of the Payment column details the total paid ($161,430) to purchase your $145,750 home. This is an amortized loan, because its payments contain: O Only accrued interest O Only the principal that must be repaid O Both interest and principal The monthly payment in the loan here is influenced by 3 variables: the amount borrowed, the loan's interest rate, and the term. What is the nature of the relationship between each of these variables and the size of a loan's payment, everything else assumed to remain constant? - An increase in the amount borrowed will - An increase in the loan's interest rate will - An increase in the loan's term will the size of the borrower's monthly payment. the size of the borrower's monthly payment. the size of the borrower's monthly payment