A house was purchased 5 years ago with a $250,000,9%,30-year loan. Thinking of refinancing, the borrower finds the current interest rate on 25-year loan is 7.5%. What is the total savings (PV of all payment reductions) from the refinance if he plans to stay in the house for the next 25 years? 29,189.72 32,503.18 33,988.54 35132.78