View the Amortization Table and use it to answer each question.




Month
Monthly paymentBalancePrincipal paidCumulative interestMax tax savings

1
5611\$135.7865214539750

2
1611\$135.571\$215579350

3
5611\$135.3561215\$1.188\$0

4
5611\$135.1405216\$1.58310

5
5611\$134.924\$217\$1.97750

6
5611\$134.706\$217\$2.37150

356
5961\$4.7131924\$105.00950

356
596183.7835930\$195.04080

357
1961\$2.8465936\$195.06650

358
1961\$1.9045943\$195.08510

359
596159555949\$195.097\$0

360
5961505955\$195.1548671






According to the chart, Demarco and Tanya will pay a total of [blank] in interest over the life of their loan. This means their total cost, including the purchase price, is approximately [blank]. This amount is [blank] than what they would pay in total using the fixed-rate mortgage.