Aisling and Andrew qualify for a 30-year mortgage with a 3.95% APR or a 15-year mortgage with a 2.85% APR. They found a contractor that can install and equip a full amenity 1600 sq ft. bunker in their backyard for $315,000. Aisling and Andrew believe they can afford a monthly payment of $1,800 toward the purchase of this bunker. The down payment is 42,718.57

• Assuming Aisling and Andrew will make payments for the entire life of the loan, how much would they pay in total for each loan option (including the down payment)?