Consider the following pair of loan options for a ?$185,000 mortgage. Calculate the monthly payment and total closing costs for each option. Explain which is the better option and why. Choice? 1: 15?-year fixed rate at 4.5?% with closing costs of ?$1300 and 1 point. Choice? 2: 15?-year fixed rate at 4.25?% with closing costs of ?$1300 and 5 points.