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Assume that you want to buy a house that costs $250,064 dollars. If you make a 20% downpayment, the APR is 2.77% on a 30-year

Assume that you want to buy a house that costs $250,064 dollars. If you make a 20% downpayment, the APR is 2.77% on a 30-year mortgage. If you make a 10% downpayment, the APR is 3.58% on a 30-year mortgage. Compute how much less you have to pay per month if you make the 20% downpayment.

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