A buyer with a 30-year fixed interest loan at 4.5% is borrowing $249,000 toward a new home. The property has $2400 in annual property taxes and a 1% annual mortgage insurance premium included in the payment. As a result, the buyer will have a monthly mortgage payment (PITI) closest to which of these figures? Select one: a. $1,465 b. $1,625 c. $1,670 d. $1,595