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Trying to buy a new house. (1) In the case of paying $200,000 in a lump sum plus $1,000 in installments for 15years. (2) In

Trying to buy a new house. (1) In the case of paying $200,000 in a lump sum plus $1,000 in installments for 15years. (2) In the case of paying $300,000 in a lump sum plus $500 in installments for 10years. Which is more advantageous? (The nominal interest per year is 4.8%, calculated as compounded monthly)

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