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you have borrowed 325000 using a 30 year fixed mortgage with a 5.25% interest rate. a) what is your scheduled monthly payment b) what is
you have borrowed 325000 using a 30 year fixed mortgage with a 5.25% interest rate.
a) what is your scheduled monthly payment
b) what is the amout of interest and primceiple paid with the first scheduled payment, and what is the mortgage balance remaining after making the first payment.
c) what is the mortgage balance after making your schedulrd payment for 5 years
d) if you pay off the loan after 5 years what is the total amount of interest you paid.
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