The Kaufman’s have decided to buy a house that costs $260,000. After a down payment of…

The Kaufman’s have decided to buy a house that costs $260,000.
After a down payment of $20,000, they can get an interest rate of
7.8%. Find their monthly payments if they set up a 30 year loan
What is the total amount they will pay for the house? How much
total interest will they wind up paying on the loan?