You take out a $175,000 Canadian mortgage with a 25-year amortization period, a 5-year term, and a 6% posted mortgage interest rate. Assume 6-month compounding period. What is your monthly mortgage payment? (Round your answer to the nearest cent.) PMT $ 1,127.53 When the mortgage expires in 5 years, what is the unpaid balance? (Round your answer to the nearest dollar.) Loan balance in 5 years $ 172, 179.80