You just graduated college and are buying your first house. Thus, you are researching mortgage options. Which of the following is true?

Group of answer choices

In comparison to a $15-$year mortgage, a $30-$year mortgage will save you money in the long run by reducing the total interest you pay over the life of the loan.

Increasing your down payment will lower your monthly mortgage payment and total interest paid on the loan.

In comparison to a $15-$year mortgage, a $30-$year mortgage will cost you more money in the short run by increasing your monthly mortgage payment.

All of the given answer choices.