5. Mark can budget $1,200 monthly for a house payment. The house he wants will cost $165,500. He can pay 10% down and finance it for 15 years at 3.5% or 30 years at 4.25%. The real estate taxes are $2,054 per year and the insurance will run $940 per year. Will the 15 -year loan or the 30-year loan fit best into his budget? ( 12 points) 6. Stephanie purchased a home for $175,000. Her loan application was approved for a 30-year fixed-rate loan at 4.5% interest. She will pay 20% down. Find the down payment, the amount of the mortgage and the monthly payment. ( 6 points ) 6B. Find the total amount of interest Stephanie will pay over the life of the loan on the mortgage in question #6. ( 4 points) 6C. If Stephanie made the same loan for 20 years, how much interest would she save? (refer to question #6 ) ( 4 points ) 6D. How much would Stephanie's monthly payment increase for a 20-year loan over a 30-year loan? ( 2 points)