Michael wants to buy some new exercise equipment for his home gym for $$$$147,000$ financed at an annual interest rate of $16\%$ using the$$ add$-$on method. If Michael pays off the loan in $5$years$,$ he will pay $$$$117,600$ in interest. If Michael decides instead to pay off the loan in $6$years$,$ how much more interest will he pay than if he paid off the loan in $5$years$?$