A couple, Meghan and Harry, are going to buy a house priced at $398,000. They are getting a 30-year mortgage that has an interest rate of 3.99%. In order to get this loan, they will need a 15% down payment. The bank is charging them 1.5 points.

a) How much will the down payment be?

b) (How much money will Meghan and Harry need to borrow?

c) (What is my monthly payment going to be, in order to repay the principle and interest?

d) What is the cost of the 1.5 points?

e) How much will I pay total, at the end of the 30 years?

f)How much of that total is interest?