Your local lender offers you a fixed$-$rate mortgage with the following terms: $$550,000\mathrm{.}00$ at $6\mathrm{.}79\%$ for $30$ years, monthly payments. The lender will charge you $1$ discount point$($s$)$ and the loan has a $1\%$ prepayment penalty for the first $5$ years of life.

What is the effective cost if you repay the loan at the end of year $5?$