Tyrone owns his own house worth $500,000. He owes $300,000 on his 5% fixed-rate mortgage compound semi-annually that has four years remaining in its term and a $1,756 monthly payment. He also has the following debts: $30,000 unsecured line of credit at 7% with a monthly payment of $925. $20,000 on a student loan at 6%, with a monthly payment of $221. $15,000 credit card at 20% with a monthly payment of $253. Additional Monthly Payments - $1399 Total Mortgage and Debt: $3155 He can get a new mortgage at 4% or add funds to his existing mortgage at a rate of 4.5%. He has no prepayment room remaining on his mortgage this year. His lender has a conventional charge against his home and charges $300 to discharge any mortgage and $500 for legal fees to set up a new mortgage. Calculate if Tyrone should Payout his existing mortgage and get a new mortgage to consolidate his debt or should Tyron use Blend and extend to consolidate his debt?