Can someone help me with this problem?

The price of a home is $200,000. The bank requires a 15% down payment. The buyer is offered two mortgage options: 15-year fixed at 8.5% or 30-year fixed at 8.5%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 15-year option? Use the following formula to determine the regular payment amount. PMT = P (9) 1 - ( 1 + 5 - nt Find the monthly payment for the 15-year option. $ (Round to the nearest dollar as needed.)