Question: I need help with D & E 2. The loan is for $150,000, points and other bank fees total $1,200. The rate is 6% for

I need help with D & E I need help with D & E 2. The loan is for

2. The loan is for $150,000, points and other bank fees total $1,200. The rate is 6% for 30 years (monthly). a. Calculate Monthly Payment (MP): b. Calculate Bet Disbursement (ND): c. Calculate Loan Balance (LB) or Mortgage Balance after 12 years have lapsed: d. Calculate the effective interest cost or yield after 12 years have lapsed: e. Now, assume a prepayment penalty of $600 when calculating the effective- interest cost to the borrower after 12 years have lapsed. Effective-Interest Cost or Internal Rate of Return for the lender

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