An investor has $60.000 to invest in a $280,000 property He can obtain either Option 1: $220,000 loan at 9.5 percent for 20 years Option 2: $180,000 loan at 9 percent for 20 years and a second mortgage for $40,000 at 13 percent for 20 years All loans require monthly payments and are fully amortizing Which alternative should the borrower choose, assuming he will own the property only five years? Option 1 O Option 2