110. The government has introduced a scheme to help you to buy a house. Earlier, you could buy a $250,000 home through a 25% deposit paid at one go, followed by a mortgage loan for the remainder of the value, repaid over 100 monthly payments at 12% per annum. Now you can get a mortgage on a $250,000 home with a deposit of just 5%, repaying the remainder of the loan in 100 monthly payments at 24% per annum. Find the difference in the monthly payments for the two loans as well as the difference in total interest cost of the two loans. (4.15)