6. You are buying a new house on a 30-year, 5.2% mortgage loan of $230,000.

A. How much will your monthly payments be?

B. How much will go toward principal in the 75^th month? How much will go toward interest in the 75^th month? What will be the balance after 75 months?

C. How much interest will you pay in total over the 30 years?

D. If you do a 15-year loan instead of a 30-year one, how much will you save in total interest?