Yo visited Honda showroom one year ago to check 2018 CRV price, and it was CAD 45,000 everything included. The annual interest rate on offer that time was 2.99% APR to finance the car over 7 years (84 months). Yo had a shock of his life when he just visited the same showroom today. The car's price is still the same, but the annual interest rate increases to 3.99%. Yo has zero down payment.

Calculate the monthly payment if he buys today with 7 years financing, assuming there is no negotiation. How much total interest he would have spent in7 years?