A borrower takes out a 15-year adjustable rate mortgage loan for $200,000 with monthly payments. The first year of the loan has a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. On the reset date, the composite rate is 6%. What would be the Year 2 monthly payment be? $1,553.35 O none of these $1,479.38 $1,674.94