Consider a situation where homebuyers find the home of their dreams priced at $320,000. They have saved a 20% down payment and are prequalified for a 15-year, $256,000 fixed-rate mortgage at 6.5%. Recalling that mortgage interest is income tax deductible, find the additional net monthly savings resulting from changing the mortgage term from 15 years to 25 years. Click the icon to view the Real Estate Amortization Table. The net monthly savings is $ (Round to the nearest dollar as needed.)