Question 1 0.5 pts John has a 33-year home mortgage. He borrowed $225,000 at a rate of 3.30% (fixed). How much of his first monthly mortgage payment will go towards interest (as opposed to principal)? O $314.59 O $617.88 O $618.75 O $144,601.51 Question 2 0.5 pts Daniel borrows $120,670 for a home mortgage. The mortgage is for 22 years at 4.21% interest. If Daniel makes an extra principal payment of $50 per month, how much will he pay in total interest over the life of the loan? O $57,102.26 O $64,584.85 O $144,330.80 0 $423.35 Question 3 0.5 pts Matt borrows $216,000 for a home mortgage. The mortgage is for 26 years at 3.89% interest. If Matt makes an extra principal payment of $270 per month, how much will he pay in total interest over the life of the loan? $86,763.48 0 $302,763.48 O $522.248.06 O $127,659.07 Question 4 0.5 pts Henry borrows $410,000 for a home mortgage with monthly payments. The mortgage is for 34 years at 3.71% interest. How much total interest will Henry pay over the life of the loan? $410,000.00 $1,034,633.96 O $312,117.34 O $722,117.34 Question 5 0.5 pts Parker borrows $163,400 for a home mortgage. The mortgage is for 33 years at 3.00% interest. If Melanie makes an extra principal payment of $90 per month, how much will he pay in total interest over the life of the loan? O$94,203.95 O $336,569.59 O $237,903.36 O $74,503.36