Suppose you take out a 30 year mortgage for $430000 at an annual interest rate of 3.5%. You plan to sell the house after 10 years. Question 1 How much do you owe on the house after five years? Question 2 How much do you owe on the house after ten years? After five years you have the opportunity to refinance what you owe at an interest rate of 3.25% for 30 years. Question 3 How much would you gain per month during the next 60 periods? Question 4 What is the maximum amount you would pay to refinance