Jane is going to purchase a home in a gated community with a sale price of $250,000. She is able to put 20% down for her down-payment and get a mortgage for the balance. The community has Homeowner Association dues of $200 per month. The cost of home insurance is $3,600 yearly. The taxes are $1,200 yearly. She is trying to decide between a 30 year fixed loan and a 15 year fixed loan. Interest rate for the 30-year mortgage is 3.5%. Interest rate for the 15-year mortgage is 2.75%. Jane's credit score is 585. 1) What will her monthly payment be , including taxes, insurance, and other fees, rounded to the nearest dollar, if she chooses the 30 year fixed?

2) Assuming she makes monthly payments for 30 years, How much will Jane have paid total for the house at the end of the 30 years? Don't forget the down-payment.

3) What will her monthly payment be rounded to the nearest dollar, including taxes, insurance, and other fees, if she chooses the 15 year fixed?

4) Assuming she makes monthly payments for 15 years, How much will Jane have paid total for the house at the end of the 15 years? Don't forget the downpayment.