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 mortgage balance now?

answer choices $231,284.77

$221,319.91

$241,519.11

$239,700.56