2. Steven would like to know the difference between a 30 year fixed mortgage at 4% and a 15 year fixed rate mortgage at 3%. He can afford a $250,000 mortgage and has a house in mind.
   1. What are the monthly payments for each?
   2. What is the difference in total interest paid between the 30 year and the 15 year?
   3. If Steven paid $150 more each month on a 30 year mortgage how many years would it take to completely pay the mortgage off?
   4. If Steven paid $75 more each month on a 15 year mortgage how many years would it take to completely pay the mortgage off?
   5. If Steven could choose either, which would you recommend and why? Include the numbers!