Question

i would like someto check these answers and see if they are right or wrong. if wrong please help

250,000 Mortgage Calculator Mortgage Interest Rate Periods Per year 6 % Mortgage Type (Year) 10 o Payment per period $2,775.51 1 Total principal and interest $333,061.51 12 Total Interest Paid $83,061.51 1 5 $2,109.64 $379,735.57 $129,735.57 3 0 $1,498.88 $539,595.47 $289,595.47 13 15

Answer 1

Mortgage Data:

A)Mortgage:$250,000

B)Interest Rate:6%

C)Period Per Year:12

Mortgage Calculation:

Mortgage Type(Year)	10	15	30
Payment per Period	$2,775.51	$2,109.64	$1,498.88
Total Principal and Interest	$333,061.51	$379,735.57	$539,595.47
Total Interest Paid	$83,061.51	$129,735.57	$289,595.47