**
Fill This Form To Receive Instant Help**

Homework answers / question archive / You borrow $250,000 to buy a house over a 30-year term

You borrow $250,000 to buy a house over a 30-year term. The loan is structured as an amortized loan with annual payments and an interest rate of 8%. Complete the cells in the amortization schedule, below.

Year Payment (S) 1 2

Interest in Payment (S)

Principal Principal Owing at Repaid (S) End of Year (S)

Already member? Sign In