Compare the monthly payments and totalisan costs for the following pars of loan optiona. Assune that both loans are foxed rate and have the same closing costs You need a $140,000 loan. Option 1 a 30-year loan at an APR of 9% : Option 2: a 15-year loan at an APR of 15.5%. Find the monthly payment for each option The monthly payment for option 4 is 5 The monthiy payment for option 2 is S (Do not round unail the final answer. Then round to the nearest cent as needed.) Find the total arsaunt paid for each option The total paymert for option 1 is 5 The total paymert fot oction 2 is 5 (Use the answers from the prevous step to fod this answer. Round to the neapst cent as noeded) Compare the two options. Which appears to be the better option? A. Option 1 is the better option, but only if the borrower plans to stay in the same home for the entire term of the loan. B. Option 2 is the better option, but only if the borrower can afford the higher monthly payments over the entire term of the loan. C. Option 1 will always be the better option. D. Option 2 will always be the better option