Determine the car payment and mortgage payment with the following conditions: your monthly household income, 10 percent for the car payment

Determine the car payment and mortgage payment with the following  conditions: your monthly household income, 10 percent for the car payment, and  28 percent for the mortgage payment. Also, assume a 10 percent down payment on  the car and a 3 percent down payment on the house. Create an amortization schedule, and graph the components over time:  interest, principal, and balance. Discuss the distributions of principal, interest, and the balance over the  life of the loan.