Peter has a housing loan with UOB Bank before the COVID19 pandemic broke out. The details of the loan are as follows: Pr

[answerhappygod]

Peter has a housing loan with UOB Bank before the COVID19
pandemic broke out. The details of the loan are as follows:
Principal: $1,000,000
Interest rate: 4% per annum
Tenure: 25 years
Repayment: Amortization with monthly repayment.
The lives of many were affected with jobs lost and businesses
declining by the pandemic. Peter was adversely affected, too, and
was unable to service his loan. Many banks, UOB included, showed
compassion by allowing homeowners to defer full loan repayments by
paying interest only for 18 months as a relief. When this was
announced, Peter had just paid the 120th instalment of his housing
loan.
(a) Compute the monthly repayment before the pandemic broke
out?

(b) Compute how much Peter has to pay each month during the relief
period?

(c) Compute how much Peter is still owing the bank at the end of
the relief period?

(d) Compute the monthly repayment when the loan repayment resumes
if he still plans to discharge the loan fully at the end of the
25th year?
(e) Compute how many more months he needs to extend the loan
from the original 25 years if the monthly repayment in part (a)
above is maintained when the repayment resumes? Show your workings
and also justify your answer intuitively.
(f) Upon repayment resumption, what if Peter wishes to maintain
the same repayment in part (a) and still discharging the loan at
the end of 25th year, compute how much the final balloon payment
should be at that time?