4) You have taken a mortgage of $285,500 at an interest rate of 7.887 for 30 years. (Assume this is after you made a 20% down payment) How much money towards interest will you save if you pay 3% extra each month? How much more quickly will you pay off your mortgage? 5) Using the information from Question #4, create an amortization table for the loan. How much are you paying towards interest and how much are you paying towards the balance on the: a) First payment b) 20th payment c) Last Payment 6) Using the mortgage amount from Question #4, How much total interest would you pay if the loan was for 15 years at a rate of 7.887%? Is there a big difference between the the answers in question #3 and question #6?