22. A homeowner obtained a fully amortizing mortgage 5 years ago for $95,000 at 1 years. Mortgage rates have dropped, so that a fully amortizing 25-year loan can be obtained 10% There is no prepayment penalty on the mortgage balance of the original loan, but a 3.000 fee will be charged on the new loan and other closings costs will cost $2,000. All payments are monthly 1% for 30 A. Should the borrower refinance if the plans to be in the home for the remaining loan term? Assume the homeowner borrows only an amount equal to the outstanding (remaining mortgage balance) of the loan. (10 pts) (Hint: calculate new APR)