You are buying a house that costs $440000 and plan on taking out a 30-year fixed rate mortgage at an annual interest rate of 2.4%.

1)You make a 15% down payment of 66000, and take out a loan for the remaining $374000. How much would your mortgage payments be? (Ignore taxes, fees, and other charges, and round to the nearest penny.) .

2)You make this mortgage payment at the end of the first month. Your mortgage payment at the end of the second month will be........ higher/lower/the same

3)The amount of your second mortgage payment that goes towards the principal will be ...........higher/lower/the same than the first month's payment.

Extra question: You are buying a house that costs $380000 and plan on taking out a 30-year fixed rate mortgage at an annual interest rate of 4.2%.

4)Your mortgage payments are $1486.61. How much do you pay for the house in its entirety after the 30 years? .

5)How much money did you pay in interest?