Given the following answer questions
Purchasing price: $182,000
Interest rate: 3%
L/V: 82%
Term: 30 years monthly payments
1. The loan is equal to:
2. The monthly mortgage constant is equal to:
3. The monthly payment is equal to:
4. What is the interest payment:
5. The percentage paid off after 7 years is equal to:
6. The amount paid off after 7 years is equal to:
7. The amount still owed after 7 years is equal to:
8. How much interest will be paid over the 7 year period: