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3.5 pts Question 15 A homeowner bought a property for $300,000 5 years ago. He got a $250,000 loan at 9% for 30 years, the

3.5 pts Question 15 A homeowner bought a property for $300,000 5 years ago. He got a $250,000 loan at 9% for 30 years, the loan require monthly payments and is fully amortized. Currently mortgage rate for 25-year loan is at 7.5%. There is 2% origination fee charged on the new loan amount. All payments are monthly. What is the loan balance for the refinanced loan after 4 years? $211 210.56 $224460.30 5250:240.19 5230.237.53

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