Chapter 6, Section 6.4, Question 041 After making minimum payments for 6 years on a 25-year home loan, a couple decide to pay an additional $250 per month toward the principal. The original loan amount was $320000 with an annual interest rate of 6% compounded monthly By how many months will the term of this loan be reduced with this additional monthly payment? months (carry out all calculations exactly, round to the nearest integer the final answer only) Over the life of this loan, how much interest will be saved? dollars (round to the nearest integer) the tolerance is +/-1%