Your plan is to buy a home with an 75% loan to value mortgage. The price youve negotiated is $355,000 and interest rates for 30 year loans (paid monthly) are 5.09%. What is your monthly payment and how much interest will you pay over the life of the loan?

a. $1,443.97 and $524,224

b. $1,195.68 and $226,443.89

c. $1,195.68 and $183,788.99

d. $1,443.97 and $253,579