CNBC$.$com reported mortgage applications increased $9\mathrm{.}9\%$ due to a decrease in the rate on $30-$year fixed$-$rate mortgages. Joe

Sisneros wants to purchase a vacation home for $$360,000$ with $20\%$ down. Calculate his monthly payment for a $20-$year mortgage at

$6\mathrm{.}5\%.$ Calculate total interest. $($Use Table $15\mathrm{.}1.)$

Note: Round your intermediate calculations and final answers to the nearest cent.

Monthly payment

Total interest