1. The Digby's find a house selling for $360,000. They are going to make a 15% down payment and finance the rest for 30 years. The bank offers a 3.0% mortgage rate with 1.5 points or 3.3% with 0 points. a. Determine the amount of the down payment. b. Determine the mortgage (the size of the loan). c. Determine the amount (cost) of the 1.5 points. d. Determine the monthly payment if the Digby's pay the 1.5 points at closing (that is, if they pay the points, but do not finance them) e. Determine the total payments on the mortgage. 1 f. Determine the amount of interest the Digbys will pay over the life of the 30-year mortgage. Remember that the cost of the points is pre-paid interest. 8. What is the total amount they will pay for the mortgage? h. What is the total amount they will pay for the house