You want to take out a $132,000 mortgage (home loan). The interest rate on the loan is 4.9%, and the loan is for 30 years. Your monthly payments are $700.56.
How much will still be owed after making payments for 10 years? $
How much will still be owed after making payments for 20 years? $
How much will still be owed after making payments for 25 years? $