A $200,000 loan with $40,000 down payment is financed at 6%(12) for 30 years.

(a) Find the monthly payment.

(b) Find the total amount paid in interest

(c) Find the outstanding balance after 10 years.

(d) If this loan can be refinanced after 10 years at 4.8%(12), what would the new payment be?Find the total saving after the refinancing.

(e) If this loan can be refinanced after 10 years at 7.2%(12) with a new term of 20 years (on the whole loan), what would her new payment be? Find the total saving after the refinancing.