Using an online mortgage calculator, generate the appropriate monthly amortization tables. Determine the payment, exclud

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Using an online mortgage calculator, generate the appropriate monthly amortization tables.
Determine the payment, excluding taxes, PMI and property insurance,
On a $175,000 loan based on the following terms: (20 points, 5pts each)
​a.​Interest Rate: ​2.25%​​Term:​15 years
b.​Interest Rate: ​2.875%​​Term:​30 years
c.​Provide an amortization table showing allmonthly payments for the 15 year loan.
d.​Provide an amortization table showing allmonthly payments for the 30 year loan.
Part IIA ​
Give a detailed analysis of your findings in essay form. Answer the following questions, regarding the two loans in Part IIA, as well as other important information: (25 points, 5 points each)
the 15 year loan?
the 30 year loan?
loan after the first 12 payments.
after 12 payments. (HINT: Look at the principle paid on each of the twelve payments combined, not just the twelfth payment.)
Part IIB
Give a detailed analysis of your findings in essay form. Answer the following questions, regarding the two loans in Part IIB, as well as other important information: (30 points, 5 points each)
a 15 year mortgage. List at least two reasons.(Solid Paragraph)