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# A fully amortizing mortgage is made for $100 ,000 at 6.5 percent interest . If the monthly payments are $ 1, 000 per month , when will the loan be

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A fully amortizing mortgage is made for $100 ,000 at 6.5 percent interest . If the monthlypayments are $ 1, 000 per month , when will the loan be repaid ?A fully amortizing mortgage is made for $80, 000 for 25 years . Total monthly payments willbe $900 per month . What is the interest rate on the loan ?"