Question 1 (2 points) Your banker suggests that, rather than obtaining a $650,000 mortgage over 25- years, you should obtain a 15-year loan for the same amount. The rate on this loan is 3.25% compounded monthly. By how much will your monthly payment be (higher/lower) for the 15-year loan than the regular payment on the 25-year loan? lower; $1,292.12 higher; $1,292.12 higher: $1,399.79 lower; $947.31 higher; $947.31