Find the mortgage balance after the first three payments on

Last updated: 4/25/2023

Find the mortgage balance after the first three payments on a 20 year 140 000 mortgage that was financed at an APR of 5 5 and has a monthly payment 963 04 Answer Payment Number 2 3 Interest Payment 641 67 640 19 638 71 Balance 1 Balance 2 Principal Payment 321 37 322 85 324 33 Mortgage Balance Balance 1 Balance 2 Balance 3 Keyboar