Paul is negotiating with two credit unions for a mortgage to buy a condominium selling for $525,000. The terms at Grant County Teacher’s Credit Union are a 20% down payment, an interest rate of 7.5%, a 15-year mortgage, and 1 point to be paid at the time of closing. The terms at Sinnipee Consumer’s Credit Union are a 15% down payment, an interest rate of 8.5%, a 20-year mortgage, and no points. Which loan should Paul select for the total cost of the down payment, points, and total mortgage payments of the house to be the least?