12. You are considering buying a home with an asking price of $516,000. Since the market is hot, you plan to put in an offer for the full asking price. You also plan to put $103,200 down payment and finance the remainder. Your bank offers you a 30-year loan at 7.25% APR (compounded monthly). Assume your first payment is made one month from today; calculate your monthly loan payment. (Enter a positive value and round to 2 decimals)

13. You are considering buying a home with an asking price of $516,000. Since the market is hot, you plan to put in an offer for the full asking price. You also plan to put $103,200 down payment and finance the remainder. Your bank offers you a 30-year loan at 7.25% APR (compounded monthly). Assume your first payment is made one month from today and all payments are made on time, calculate the total amount paid to the bank over the course of 30 years. (Enter a positive value and round to 2 decimals)

14. You are considering buying a home with an asking price of $516,000. Since the market is hot, you plan to put in an offer for the full asking price. You also plan to put $103,200 down payment and finance the remainder. Your bank offers you a 30-year loan at 7.25% APR (compounded monthly). Assume your first payment is made one month from today and all payments are made on time, calculate the total interest paid to the bank over the course of 30 years. (Enter a positive value and round to 2 decimals)

15. You are considering buying a home with an asking price of $516,000. Since the market is hot, you plan to put in an offer for the full asking price. You also plan to put $103,200 down payment and finance the remainder. Your bank offers you a 30-year loan at 7.25% APR (compounded monthly). Assume your first payment is made one month from today and that you pay the bank $3,500 each month rather than making the required payment, calculate the number of months it will take to pay off the loan. (Round to the nearest whole number; zero decimals)