You are purchasing a home for $150,000 at an 8% APR.  Your loan period is 360 months.  If your payment is $1,100.65, what is your loan balance after 10 years?       $104,658     $131,586     $135,386     $121,543   2. You are purchasing a home for $150,000 at an 8% APR.  Your loan period is 360 months.  If your payment is $1,100.65, what will your equity be after 10 years?       $18,414     $28,627     $14,538     $34,579

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