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QUESTION

Sammy is buying her first home and the selling price was agreed to at $182.000. She will put $6,000 down and has gotten a 30 year fixed rate loan at 6.5% Case Assignment: What is the principal and int

Sammy is buying her first home and the selling price was agreed to at $182.000. She will put $6,000 down and has gotten a 30 year fixed rate loan at 6.5%

Case Assignment:

What is the principal and interest for the first month payment?

What is the principal and interest for the second month payment?

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