questions to help them choose the correct mortgage. @ 1. 2. GUI What are the monthly payments for a 30-year traditional mortgage? What are the payments for a 20-year traditional mortgage? Prepare an amortization table for the rst six months of the traditional 30year mortgage. How much of the rst payment goes toward principal? . How long would it take for S&S Air to pay off the smart loan assuming 30-year traditional mortgage payments? Why is this shorter than the time needed to pay off the traditional mortgage? How much interest would the company save? . Assume 5&5 Air takes out a bullet loan under the terms described. What are the payments on the loan? . What are the payments for the interest-only loan? . Which mortgage is the best for the company? Are there any potential risks in this action