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You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $2,813 and

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You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $2,813 and you have made every payment on time. The original term of the mortgage was 30years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 6.102% (APR).

How much do you owe on the mortgagetoday?

The amount you owe today is $______. (Round to the nearestdollar.)

* See Attached File

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