Justin is purchasing a $195,000 home with a 30-year mortgage at 5.25%. Because he is not making a down payment, PMI in the amount of $74.50/month is required for the first two years of the loan. Based on this information, what is the total cost of this loan?
A. $400,369.20
B. $398,156.60
C. $332,042.96
D. $389,436.00