It would be easy for if the problem is solved via excel

thank you

4 A property is available for $280,000 and we have $60,000 to invest. One loan is available for $220,000 at 9.5% for 20 years. Another option is a first loan for $180,000 at 9% for 20 years and a second mortgage for $40,000 at 13% for 20 years. Give all loans are fully amortizing with monthly payments, which alternative should the borrower choose, assuming the borrower will own the property through the life of the loan? b. If the holding period is estimated at 5 years how will the answer to (a) change? a