UREGNT!!!

Lets say that exactly eleven years ago you took out a $250,000, 40-year mortgage with an annual interest rate of 8 percent and monthly payments of $1,700. But since you took out that loan, interest rates have dropped. You now have the opportunity to refinance your loan at an annual rate of 6 percent over 30 years. You need to know what the outstanding balance on your current loan is so you can take out a lower-interest-rate loan and pay it off. If you just made the 120th payment and have 240 payments remaining, whats your current loan balance?