You plan to buy a house for $210,000. You have been offered a 20 year mortgage with a rate of 4.8%. You make a $30,000 down payment. Closing costs are 5%.

In the Amortization schedule for the first month, the interest, in dollars and cents, will be $_____?

In the Amortization schedule for the first month, payment on principal, in dollars and cents, will be $______

In the Amortization schedule for the first month, the balance on the loan at the end of the first month, in dollars and cents, will be $______