Your bank offers the following options on a $100,000 mortgage: 1. A 15-year, 4% loan with no points 2. A 15-year, 3.5% loan, with 1.5 discount points Assume that you plan to keep the loan until maturity. The cots of paying the points is The total savings over the life of the loan from paying the points are Based on this, which option would you choose? None of the above O $15,000: $3,470; Option 1. $,1500; $292.15; Option 1. O$,1500: $3,470; Option 2