please answer

Part II: Calculate and analyze mortgage payments Based on the obtained quotes, you choose two best quotes: one with discount points and another without points. Please perform similar analyses as discussed in class. First, please use the mortgage rate without points for the first three questions. (1) What is your monthly payment? (2) If you make regular monthly payments, how long will it take to pay off half of the loan? (i.e., reduce the principle of the loan balance to half) (3) After making regular monthly payments for 10 years, how much will be the loan balance? Part II: Calculate and analyze mortgage payments Based on the obtained quotes, you choose two best quotes: one with discount points and another without points. Please perform similar analyses as discussed in class. First, please use the mortgage rate without points for the first three questions. (1) What is your monthly payment? (2) If you make regular monthly payments, how long will it take to pay off half of the loan? (i.e., reduce the principle of the loan balance to half) (3) After making regular monthly payments for 10 years, how much will be the loan balance