You plan to purchase a $$2,200,000$ house using a $15-$year Mortgage obtained from your bank. The Mortgage rate

offered to you is $5\mathrm{.}75\%.$ You will make a down$-$payment of $20\%$ of the Purchase Price.

What Is your down$-$payment amount?

Calculate your monthly payment amount for this Mortgage?

Over the lifetime of the Mortgage, What is the Total Interest Paid on this Mortgage?

At the end of $10-$years, after $120$ payments, what is the Balance amount remaining in the Mortgage?You plan to purchase a $$2,200,000$ house using a $15-$year Mortgage obtained from your bank. The Mortgage rate offered to you is $5\mathrm{.}75\%.$ You will make a down$-$payment of $20\%$ of the Purchase Price. What Is your down$-$payment amount? Calculate your monthly payment amount for this Mortgage? Over the lifetime of the Mortgage, What is the Total Interest Paid on this Mortgage? At the end of $10-$years, after $120$ payments, what is the Balance amount remaining in the Mortgage?