740 of thigher and cwatly at least 200 to equity the loan are application foe, 190; credt report, 1165; tive insurance, 0.4% of the amount finunced; titie search, 3360; and attorney's feec, 3570. The Bottom Line-If you plan to live in your home longer than the result in Step 5, it makes sense to refinance. (1) (a) What is your currently monthiy martgage (in s)? (D) Using this table, what is your new monthly mortgage payment (in s) if you decide to refinance? (Round your answer to the noarest cent.) (c) What is your monthly savings (in 5) if you decide to refinance? (Round your answer to the nearest cent.) (d) Calculate the total refinance dosing cost (in \$). (Round your answer to the nearest cent.) (e) How many months would you need to recoup the refinance dosing cost? (Round your answer up to the nearest month.) months (e) How many months are you planning to tive in your home? months (9) If you're planning to live in your home for at least four more years, does it make sense to refinance your mortgage? Yes, it makes sense to refinance. No, it does not make sense