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Three years ago you bought a home for $150,000 using a fully amortizing loan with a 5% downpayment, an interest rate of 4.5%, and a

Three years ago you bought a home for $150,000 using a fully amortizing loan with a 5% downpayment, an interest rate of 4.5%, and a term of 30 years. The loan is fully amortizing. What is the remaining balance on this loan today?

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$116,506.92

$135,281.78

$127,499.88

$173,200.04

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