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You are interested in purchasing the Malibu home (sale price of $12,000,000, mortgage rate of 3.955%, 30% down payment, 30 year fixed mortgage). How much

You are interested in purchasing the Malibu home (sale price of $12,000,000, mortgage rate of 3.955%, 30% down payment, 30 year fixed mortgage). How much principal would you pay [ Select ] ["$25,646", "$12,240", "$25,158", "$12,816"] during month 2? How much would your monthly payment go up today [ Select ] ["$4,428", "$4,977", "$10,428", "$3,428"] if interest rates went up 1% annually today?

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