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Ella Funt is planning on buying a $320,000 home and putting 20% down. She will finance the remainder with a 3.5%, 30 year mortgage through

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Ella Funt is planning on buying a $320,000 home and putting 20% down. She will finance the remainder with a 3.5%, 30 year mortgage through her lender. What will the total interest cost savings be for Ella if she could instead take out a 15 year, 3.5% mortgage? $67,912 $74,783 $84,372 $93,651

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