A couple who wants to purchase a home with a price of $330,000 and has $100,000 for a down payment. If they can get a 30 year mortgage at 6% per year on the unpaid balance find each of the following.

a. what will be their monthly payments?

b. What is the total amount they will pay before they own the house out right?

c. How much interest will they pay over the life of the loan?