Assume a mortgage is available at 4.25% with monthly payments for 30 years. A prospective homeowner can afford a monthly mortgage payment of $1,350. Ignore property taxes and insurance that often attach to a mortgage payment. How much interest will the homeowner pay over the life of this loan, to the nearest '000, assuming they never leave the home over the next 30 years? [You need to first calculate the amount borrowed, of course!]

Group of answer choices

$274,000

$486,000

$212,000

$320,000