Loan Option 1: 279,000; 5.3875%; 30 years with 1 point

Loan Option 2: $279,000; 5.875%; 30 years with no points

Looking at these two loans, what is the total amount of interest paid for Loan Option 1?

a.) $284,216.40

b.) $563,216.40

c.) $279,000.00

d.) $296,492.33