Please calculate the total interest, principal and taxes paid over the 30/20/10 year mortgages on the above scenarios. Please use the California standard 1% yearly property tax assessment over the mortgage term(s). The taxable valuation is the same as the loan amount; $800,000.

a. Loan amount of; $800,000 @ 3.00% 30-year mortgage

b. Loan amount of; $800,000 @ 6.50% 30-year mortgage

c. Loan amount of; $800,000 @ 2.50% 20-year mortgage

d. Loan amount of; $800,000 @ 5.50% 20-year mortgage

e. Loan amount of; $800,000 @ 2.00% 10-year mortgage

f. Loan amount of; $800,000 @ 5.00% 10-year mortgage

Answers please include:

Total Paid

Total Interest

Total Principle

Total Taxes

Monthly Payment

Interest

Principle

Taxes

Annual Payment

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