You've just taken on a 25-year, $160,000 mortgage with a quoted interest rate of 6 percent calling for payments semiannually. How much of your first year's loan payments (the initial two payments, with the first coming after 6 months have passed, and the second one coming at the end of the first year) goes toward paying interest, rather than principal?

How much of your first year's 2 loan payments goes toward paying interest, rather than principal?