Assume you want to borrow $400,000 and have been presented with two options. The first option is a fully amortizing loan with an interest rate of 3% and $2000 of origination fees. The second option is an interest only loan with an interest rate of 4% and $5000 of origination fees. Both loans are for 30 years and have monthly payments. What is the payment on the fully amortizing loan? Multiple Choice $1432.95 $1686.42 $2267.85 $3491.87