CNBC$.$com reported mortgage applications increased $9\mathrm{.}9\%$ due to a decrease in the rate on $30-$year fred$-$rate mongages. Joe Sisneros wants to purchase a vacation home for $$260,000$ with $20\%$ down. Calculate his monthly payment for a $20-$year mongage ar $7\mathrm{.}0\%$ Calculate total interest. $($Use Table $15.)$

Note: Round your Intermedlate calculations and final answers to the nearest cent.

$\backslash$table$[[$Monthly payment$],[$Total interest$]]$Troy Juth wants to purchase new dive equipment for Underwater Connection, his retall store in Colorado Springs. He was offered a $$73,000$ loan at $8\mathrm{.}5\%$ for $36$ months. What is his monthly payment by table lookup? $($Use Table $14\mathrm{.}2)$

Note: Round your answer to the nearest cent.

If you buy a home with less than $20\%$ down, you will pay an additional monthly fee, PMI $($private mortgage insurance$),$ until you reach $20\%$ equity. Keep track of when you reach $20\%$ equity so you can request to have your PMi removed. Ken Buckmiller's home recently appralsed at $$310,000.$ His mortgage was for $$295,000$ at $5\%$ for $30$ years with PMi of $$32917$ per month. What is hits morthty payment plus PMI? His mortgage balance is currently $$173,600.$ Has he reached $20\%$ equity? $($Use Table $15\mathrm{.}1)$

Note: Round your Intermediate calculations and final answer to the nearest cent.

$\backslash$table$[[$Monthly payment,$5,1\mathrm{.}609\mathrm{.}17],[$Has he reached $20\%$ equity?,Yes,$]]$