Question 9 10 pts Suppose that you purchased a house with a $120,000 mortgage (30-year fixed at 6%) five years ago. The loan balance is currently $111,665 and you can refinance that amount at 4.8% with another 30-year fixed rate mortgage. What would be the difference in the monthly payment? $120.02 $133.59 $147.02 $160.28 $173.40 D | Question 10 10 pts Suppose that you purchased a house with a $140,000 mortgage (30-year fixed at 6% with a payment of $839.37) five years ago. The loan balance is currently $130,276 and you can refinance that balance at 5% with a new 30-year fixed rate mortgage. You anticipate being in the house for another five years, at which point the balance on your current mortgage would be $117.160. If you refinanced at the terms above, what would be the difference in the loan balances? $1.329 $1,871 $2.471 $3,132 $3,860