You have purchased a home using a $150,000.00 mortgage at an interest rate of 6.25% for 20 years. Calculate the monthly payment and Outstanding Balance on this loan, after 8 years, and then use this information to complete the table below. Monthly Payment: (DO NOT ROUND THE MONTHLY PAYMENT AMOUNT HERE! Use EXACT monthly payment value to find Outstanding Balance below.) Outstanding Balance after 8 years: (Round final answer to the nearest cent) Round all values in table to the nearest cent. Monthly Interest on Prior Month Payment Balance Principle Outstanding Balance 8 years, 1 month 8 years, 2 months 8 years, 3 months