Would you be able provide assistance with these couple of questions?

1. a. b. c. d. e. Suppose you take an FRM of $150,000 at 7.5% for 30 years. What is the breakdown of interest and principal for the payment in month 240? $1048.82 interest, $0 principal $0 interest, $1,048.82 principal $493.50 interest, $555.32 principal $555.32 interest, $493.50 principal cannot be determined 2. Suppose you take an FRM of $150,000 at 7.5% for 30 years. If you repay the mortgage at the end of year five, what is the outstanding balance? a. $52,342 b. $87,017 c. $141,576 d. $141,926 e. none of the above 3. A lender offers you a fixed-rate mortgage for $145,000 at 6% for 30 years, monthly payments, with 2.625 discount points. What is the effective borrowing cost of this loan? a. 6.17% b. 9.75% c. 6.25% d. 8.625% e. none of the above 4. A lender offers you a fixed-rate mortgage for $145,000 at 6.25% for 30 years, monthly payments, with 0.75 discount points. If you repay the loan balance at the end of year four, what is the effective cost of the loan? a. 6.32% b. 6.47% c. 7.00% d. 6.35% Blake and Gwen have secured a 30 year, $800,000 (FRM) loan at 7%. Fifteen years later, the borrowers have the opportunity to refinance with a fifteen year mortgage at 6%. However, the up front fees, which will be paid in cash, are $12,500. Should the borrowers refinance? 5. Pmt based on old loan A. $5322 B. $4332 C. $2332 D. $332 6. Balance after 15 years A. $592150 B. $92150 C. $2150 D. $150 7. PV of Savings from refinancing 1 A. B. C. D. A. B. C. D. $8,574 $38,526 $28,574 $18,574 8. Decision should you refinance or not? Yes Refinance because saving > cost No Refinance because savings