Th price of the home is $824,000

a fixed loan rate of 4.5%

1. What is the amount financed after 10% down payment?
2. Find the Monthly payment needed to finance home
3. Find the total cost to repay loan if regular payments are made for the full 30 years (the loan does not include the down payment)
4. What is the amount of interest paid if the loan goes full term?
5. If you put 20% down payment and take a loan for the balance for 30 years. What will be the monthly payment?
6. What happens to all the questions above if you take a loan only for 15 years?
7. How much interest will you save if you pay back the loan in 15 years rather than 30 years?