Question 1139951
payment at the end of each month = $5,389.42 according to the results from the use of the following calculator.


<a href = "https://arachnoid.com/finance/" target = "_blank">https://arachnoid.com/finance/</a>


here's a display of the results.


<img src = "http://theo.x10hosting.com/2019/042721.jpg" alt="$$$" >


inputs to the calculator were:


present value = 1,000,000.
future value = 0
number of time periods == 25 years * 12 months per year = 300 months.
interest rate per time period == 4.2% per year / 12 = .35% per month.
payments are made at the end of each month.


click on pmt and the calculator tells you that the monthly payment needs to be $5389.42.


it is shown as negative because it's money going out.