The potters have 25 years left on their current home mortgage and an outstanding balance of $95,000. they are refinancing the outstanding balance for 25 years with an apr of 4.9 compounded monthly a) under the current loan, the potter's monthly mortgage payment is $900. how much will the potters be saving each month in the mortgage payments by refinancing (4 pts.) b) if the bank adds an additional closing cost of $5,000, how long will it take the potters to recover those costs considering their monthly savings in the mortgage payment? as the closing costs have to be paid in cast at the time they refinance