Considering the following information, what is the net benefit of refinancing the loan for the? Expected holding period: 4 years Current loan balance: $145,000 Current loan interest: 6.25% Current loan mortgage payment: $1,059.85 Remaining term on current mortgage: 20 years New loan interest: 5.25% New loan mortgage payment: $977.07 New loan term: 20 years Cost of refinancing: $2,900 Assume that the opportunity cost is the interest rate on the new loan (5.25%)