The rates below were quoted from quickenloans.com on Sep. 17, 2020. Quicken Loans LEARNING CENTER REFINANCE Loan Option 30-Year Fixed 15-Year Fixed BUY A HOUSE Rate/APR 3.125%/3.373% 2.5%/2.979% Suppose you took out a 30 year mortgage on Sep. 17, 2020 for $230,000, but you want to pay it off in 25 years. Using the quoted APR, you could calculate the monthly payments given in the table below. Complete the table and then calculuate much do you save by paying off your mortgage early. (Simplify your answers and round to the nearest cent.) You would save Loan Amount is $230,000. Payment Amount 30 Year Payoff $1,016.57 25 Year Payoff $1,135.83 Number of Pyaments Total Payments by paying it off early