Assume that exactly 4 years ago i borrrowed 350000 my loan


Question: Assume that exactly 4 years ago I borrrowed $350,000. My loan has an interest rate of 3.75% and the term of the loan is 35 years (With required payments to be made every month). If I made every required payment for the first 48 months of the loan, what is my current payoff on my loan (That is, immediately after making my 48th payment)?

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Finance Basics: Assume that exactly 4 years ago i borrrowed 350000 my loan
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