I need help figuring out the questions # 5-9 in the image.

8 Question 5. Points: 0 out of 1 possible. This year (10 years after you first took out the loan), you check your loan balance. Only part of your payments have been going to pay down the loan; the rest has been going towards interest. You see that you still have $94,743 left to pay on your loan. Your house is now valued at $160,000. Your current situation How much of the original loan have you paid off? (Le, how much have you reduced the loan balance by? Keep in mind that interest is charged each month - it's not part of the loan balance.) 5 22061.20 a l Preview l Show Answer C Question 6 FE Points: 0 out of 1 possible. 0 available on this attempt.. This is attempt 2 of 3. How much money have you paid to the loan company so far (over the last 10 years)? _~ l Preview Note: the dawn payment is not included here, as it is paid directly to the seller Submit Question 6 > Question 7. Points: 0 out of 1 possible. How much interest have you paid so far (over the last 10 years)? S l Preview > Question 8. Points: 0 out of 1 possible. How much equity do you have in your home (equity is value minus remaining debt) S l Preview > Question 9. Points: 0 out of 3 possible. Refinancing Since interest rates have dropped, you consider refinancing your mortgage at a lower 6% rate. If you took out a new 30 year mortgage at 6% for your remaining loan balance, what would your new monthly payments be? 5 l Preview > Question 10. Points: 0 out of 2 possible. w much interest will you nav over the life of the new I- - 2 p Type here to search