Solve the problem.

Jackie Rambler purchased a home for $124,000. Oakwood Mortgage Company approved her loan application for a 22-year fixed-rate loan at 6.25%. Jackie agreed to pay 20% of the purchase price as a down payment. How much interest would she have saved if she made the same loan with the same down payment for 12 years?
◦ $51,901.44
◦ $41,521.15
◦ $37,592.83
◦ $43,592.45