Given the following mortgage information about your regular fixed rate mortgage, suppose you win the lottery and decide to prepay $500,000 in principal along with your 48th payment. What will be your payment amount in month 49 (round to nearest dollar)?

Purchase price: $2,000,000

LTV: 65%

Interest Rate: 3.00%

Term & AM: 30 years

Group of answer choices

$3,922

$5,481

$4,515

None of these are correct

$5,270