if someone could help me with some of these, I sure would appreciate it!! thanks! preferably with a calculator instead of Excel!

6) A borrower made a mortgage loan 7 years ago for $160,000 at 10.25 percent interest for 30 years. The loan balance is now $151,806 62 and rates for this amountare currently 9.0 percent for 23 years. Origination fees and closing costs are $4.500, and closing costs are not financed by the lender. What is the effective cost of refinancing? A) 9.0096 B) 10.85% C) 15.32% D) 9.39% 7) Bud is offering a house for sale for $180,000 with an assumable loan which was made 5 years ago for $140,000 at 8.75 percent over 30 years. Kelsey is interested in buying the property and can make a $20,000 down payment. A second mortgage can be obtained for the balance at 12.5 percent for 25 years. What is the effective cost of the combined loans that Kelsey can use to compare this financing alternative to obtaining a first mortgage for the full amount? 110.. 38 180, - 140 A) 10.63% B) 9.39% C) 9.04% D) 11.27% 133, 964.53 150, 969.53 VE 273.9 26, 035.77 617.5) 8) A house is sold with an assumable $156,000 below-market loan at 8.5 percent for a remaining term of 15 years. Current rates are 9.75 percent for 15-year mortgages. If the house sold for $240,000, what is the cash-equivalent value of the house? A) $250,834.82 B) $229,011.12 C) $260,660.40 D) $219,339.60 Page 3 of 6