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My boyfriend and I recently purchased a plot of land that we will build a house...

My boyfriend and I recently purchased a plot of land that we will build a house on when the time is right. The plot of land was $88,000, and we put down $50,000. The interest rate for the land is 5%, and we got a 15-year mortgage. How much would it end up costing if we only paid the minimum payment? And how much would we have to pay per month to pay it off within two years?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

SOLVED WITH BA II PLUS CALCULATOR

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