1)You obtain a loan of $150,000 at 6% amortized over thirty years with monthly payments. You are required to pay closing costs and fees of 1.5% of the loan amount to the lender. What is the yield of the loan if held to maturity?

2)You obtain a loan of $150,000 at 5.875% amortized over thirty years with monthly payments. You are required to pay closing costs and fees of 2.0% of the loan amount to the lender. What is the yield of the loan if paid off at the end of 5 years?