CNBC.com reported mortgage applications increased 9.9% due to a decrease in the rate on 30 -year fixed rate mortgages to 4.03%. Dennis Natali wants to purchase a vacation home for $250,000 with 20% down. Calculate his monthly payment for a 22 -year mortgage at 6.0\%. Calculate total interest. (Use Toble 15.1.) (Do not round intermediate calculations. Round your final answers to the nearest cent.)