Compare the monthly payment and total payment for the following pairs of loan options. Assume that both loans are fixed rate and have the same closing costs. You need a $190,000 loan. Option 1: a 30-year loan at an APR of 7%. Option 2: a 15-year loan at an APR of 6%. Find the monthly payment for each option. The monthly payment for option 1 is $ The monthly payment for option 2 is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the total payment for each option The total payment for option 1 is $ The total payment for option 2 is $ (Round to the nearest cent as needed.) Compare the two options. Which appears to be the better option? O A. Option 2 is the better option, but only if the borrower can afford the higher monthly payments over the entire term of the loan. OB. Option 1 will always be the better option. OC. Option 1 is the better option, but only if the borrower plans to stay in the same home for the entire term of the loan. OD. Option 2 will always be the better option