Sales Price of Property $-$ $$325,000$

Down Payment required $-10\%$

Number of Point at Closing $-$ lpoint

Motgage time Frame for loan $-25$ years

Interest Rate $-8\%$

Arnual Insurance $-$ $$1,800$

Annual Escrow Taxes $-$ $$2500$

$($a$)$ Sale Price of Property:

$(5)$ Find the required down Payment:

$($c$)$ Find the amount of the montgage.

$($d$)$ How much must be paid for points at closino?

$($e$)$ Find the monthly Payment Cexcluding escrow taxes a Insurance$).$

$PMT=\frac{P(\frac{r}{n})}{(1-(1+\frac{r}{n}{)}^{-nt})}$

$($f$)$ Find the total interest paid over the timeframe of the loan.

$(9)$ This is the amount you will use on the Loan Amortization Table Below:

$\backslash$table$[[$Payment Mumber,Monthy Payment,Interest Payment Pincipal,$],[1,$Parment,$\backslash$table$[[$Balance of$],[$loan$]],],[2,,,],[2,,,]]$