Question: You have a 30 year loan, interest rates are 3.5%, margin adjustment is 1.75%, caps are 1.5%/6.0%, there is a teaser of .25% and 1 point. Rates stay the same for year two, but rise to 3.6% for year 3. Create an amortization table showing the payment, principal, interest, total interest, and balance for years 1, 2, and 3.