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Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table.
Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table. Loan Amount Interest Rate Term $210,500 L 9% 25 years Click the icon to view the Real Estate Amortization Table. The monthly payment is s (Round to the nearest cent as needed.) years Amort Monthly payments to Repay Principal and Interest on a $1000 mortgage Annual Term of Mortgage (years) rate 20 25 30 4 0 3.0% 17.96869 9.65607 6.90582 5.54598 4.74211 4.216041 3.57984 3.5% 18.191749.888597.148835.799601 5.00624 4.49045 3.87391 4.0% | 18.41652 10.12451 7.39688 6,05980 5 .27837 4.77415 4.17938 4.5% 18.6430210.36384 7.649936 .326495.55832 5.06685 4.49563 5.0% 18.87123 10.60655 7.90794 6.59956 5.84590 5.36822 4.82197 5.5% 19.10116 1 0.85263 8.17083 6.87887 6.14087 5 .67789 5.15770 6.0% 19.33280 11.10205 8.43857 7.16431 6.44301 5.99551 5 .50214 6.5% 19.56615 1 1.35480 8.71107 7 45573 6.75207 6.32068 5.85457 70% 19801201161851 8988281775299 706770665300621431 Print Done 2 Real Estate Amortization Table 5.0% 18.87123 5.5% 19.10116 10.60655 10.85263 11.10205 6.0% 6.5% 19.33280 19.56615 19.80120 11.35480 7.0 % 11.61085 7.5% 20.03795 11.87018 9.27012 8.0% 20.27639 20.51653 7.90794 6.59956 5.84590 5.36822 4.82197 8.17083 6.87887 6.14087 5.67789 5.15770 8.43857 7.16431 6.44301 5.99551 5.50214 8.71107 7.45573 6.75207 6.32068 5.85457 8.98828 7.75299 7.06779 6.65302 6.21431 8.05593 7.389916 .99215 6.58071 9.55652 8.36440 7.718167 .33765 6.95312 9.847408.678238.052277.68913 7.33094 10.142678 .997268.391968.04623771361 10.44225 9.321318.736978.40854 8.10062 10.74605 9.65022 9 .08701 8.77572 8.49146 11.05399 9.983809.441829.14739 8.88570 10.321889.801139 1 1.36597 9.28294 .52323 8.5% 9.00 20.75836 9.5% 12.13276 12.39857 12.66758 12.93976 13.21507 13.49350 13.77500 21.00186 10.0% 21.24704 10.5% 21.49390 21.74242 11.0% Done w
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