Thanks for all the help. I will rate once answered!

1. Calculate the monthly payment for a $1,200,000 mortgage loan, fully- amortizing over 15 years with an annual interest rate of 4.35%. 2. For Problem #1 above, using the amortization calculator available for download on D2L, find the balance of the loan which is due at the end of year 7. 3. You are approved for a fully-amortizing, 30-year mortgage loan equal to 80% of the purchase price of a new home in which your monthly payments are $2,000 at an annual interest rate of 3.95%. Assuming you have the requisite cash for down payment, calculate the maximum value of the house which you may afford to purchase. Remember, the value of the mortgage is 80% of the purchase price