Burt and Ernie are both considering taking out a $150,000 mortgage. Burt's credit score is 592, while Ernie's credit score is 776. Burt found out that he would have to pay more per year in mortgage payments than Ernie because his credit score is lower, but he's not sure how much more. Help Burt find the answer by using the table. Part I: What would Burt's monthly payment be?

Part II: How much would Burt pay per year in mortgage payments?

Part III: What would Ernie's monthly payment be?

Part IV: How much would Ernie pay per year in mortgage payments?

Part V: How much more would Burt pay per year in mortgage payments than Ernie?