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Use the following amortization chart: Selling price of home Down payment $ 4,000 Principal (loan) $ 77,000 Rate of interest Years. 5.5% 30 Payment

Use the following amortization chart: Selling price of home Down payment $ 4,000 Principal (loan) $ 77,000 Rate of interest Years. 5.5% 30 Payment per $1,000 $ 5.6779 $ 81,000 What is the total cost of interest? Monthly mortgage payment $ 437.20 Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar. Total cost of interest

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