You plan to purchase a house for $170,000 using a 30-year mortgage obtained from your local bank. You will make a down payment of 25 percent of the purchase price. You will not pay off the mortgage earty Assume the homeowner will remain in the house for the full term and ignore taxes in your analysis. Your bank offers you the following two options for payment. Option 1: Mortgage rate of 5.30 percent and zero points Option 2: Mortgage rates of 5.00 percent and 10 points Answer the following questions: a. What is your monthly mortgage payment on Option 175 b. What is your monthly mortgage payment on Option 2? $ c. Which option should you choose? Choose