Determine the regular payment amount, rounded to the nearest dollar. Consider the following pair of mortgage loan options for a $125,000 mortgage. Which mortgage loan has the larger total cost (closing costs + the amount paid for points + total cost of interest)? By how much?

Mortgage A: 20-year fixed at 7.25% with closing costs of $2700 and 1 point.

Mortgage B: 20-year fixed at 5.25% with closing costs of $2700 and 4 points.