1 Suppose that you are purchasing a house (loan amount $200,000) and inquire about the terms for a 30- year fixed-rate mortgage. You are given the following two quotes: Loan # A: o o Annual interest rate of 3.75% with monthly payments and compounding No discount points Origination fee of 0.75% $928 in third-party closing costs o Loan # B: o Annual interest rate of 3.625% with monthly payments and compounding o 1.25 discount points o Origination fee of 1% o $18 in third-party closing costs What is the monthly payment for Loan A? a) $912.10 b) $926.23 c)1,121.75 d) $1,400.50 2) What is the monthly payment for Loan B? a)$912.10 b) $926.23 c)1,121.75 d) $1,400.50