You are considering refinancing a mortgage loan that has a balance of $150,000 and an interest rate of 8%. There are exactly 25 years left on the loan; monthly payments are $1,157.72 It will cost $6,000 in fees to do the refinancing. How much additional cash can you take out from the refinancing if you keep your monthly payment the same?

a) Under $10,000 b) Approximately $25,000 c) Approximately $40,000 d) Approximately $50,000 e) Over $60,000