a homeowner bought a house for $300,000. he has $50,000 cash for down payment. he can get loan package with a $220,000 loan for 8% and a second mortgage of $30,000 loan for 12%, both loan are for 20 year. all loans require monthly payments and are fully amortizing what is the total monthly payment?

answer choices $2319.11

$2267.53

$2170.49

$2019.56