Joe Levi bought a home in Arlington, Texas, for $124,000. He put down 25% and obtained a mortgage for 30 years at 6%. a. What is Joe's monthly payment? (Do not round intermediate calculations. Round your answer to the nearest cent.) Monthly payment b. What is the total interest cost of the loan? (Do not round intermediate calculations. Round your answer to the nearest cent.) Total interest cost You can save a significant amount of mortgage interest paid if you make one additional principal and interest payment a year. This will reduce a 30-year mortgage by around 6 years. It also increases your equity in the home faster. If you choose to pay one additional mortgage payment a year by paying 1/12 of it each month (make certain to note the extra money is to reduce principal), how much will you pay each month for a mortgage of $153,000 at 4% for 17 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Monthly payment