You have a student loan that requires you to pay $275 per month, starting next month, for 60 months. You can make these payments or enter a new loan that requires you to pay $230 per month, starting next month, for 60 months. To switch to the new loan will cost you a "financing fee" of $1,500 today. If your investments earn 6% APR (compounded monthly), how much do you save in PV terms by taking out the new loan?