You plan to purchase a $180000 house using a 15-year mortgage obtained from yo

You plan to purchase a $180000 house using a 15-year mortgage obtained from your local credit union. The mortgage rate offered to you is 6.25
percent. You will make a down payment of 15 percent of the purchase price.

Calculate your monthly payments on this mortgage. (Do not round intermediate calculations. Round your answer to
2 decimal places. (e.g. 32.16))

Calculate the amount of interest and separately principal paid in the 25th payment. (Do not round intermediate
calculations. Round your answers to 2 decimal places. (e.g. 32.16))

Calculate the amount of interest and separately principal paid in the 120th payment. (Do not round
intermediate calculations. Round your answers to 2 decimal places. (e.g. 32.16))

Calculate the amount of interest paid over the life of this mortgage. (Do not round intermediate calculations.
Round your answer to 2 decimal places. (e.g. 32.16))