Given the following information, calculate the effective borrowing cost (EBC): loan amount $200,000; term: 30 years; interest rate: 5%; payment: $1,073.64/mo.; discount points: 1.5 points, origination fee: $3,250.00. Assume the loan is held until the end of year 10 and all payments occur at the end of the period. 5.28% 7.42% 7.58% 6.45%