Using the information from your promissory note for the real estate you want to buy, you will be calculating your loan amount. Visit this website. The loan purpose is a home purchase. Your repayment period will be for 30 years with an interest rate of 3.5%, and a start date of next month.

In a Word document, give the following:

• Monthly principal and interest amount
• Total of 360 payments
• Total interest paid
• Pay-off date
• Copy and paste the entire mortgage amortization schedule

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