You decide to take out a 30-year mortgage loan to buy the home of your dreams. The home's purchase price is $120,000. You manage to scrape together a $20,000 down payment and plan to borrow the balance of the purchase price. Hardy Savings and Loan Association quotes you a fixed annual loan rate of 12 percent. What will your monthly payment be? How much total interest will you have paid at the end of 30 years?