You just borrowed $150,000 to purchase a new home. You took out a 15-year mortgage with payments of $1,035 due at the end of each month. How much interest expense will you pay over the life of the loan?You just borrowed $150,000 to purchase a new home. You took out a 15-year mortgage with payments of $1,035 due at the end of each month. How much interest expense will you pay over the life of the loan?You just borrowed $150,000 to purchase a new home. You took out a 15-year mortgage with payments of $1,035 due at the end of each month. How much interest expense will you pay over the life of the loan?