Question: Please do all the steps in excel 5. A borrower takes out a 30 -year mortgage loan for $350,000 with an interest rate of 6.25%.

Please do all the steps in excel

5. A borrower takes out a 30 -year mortgage loan for $350,000 with an interest rate of 6.25%. What would the monthly payment be? 6. Which of the following closing costs do not increase the lender's effective loan yield? (A) Discount points 6. Which of the following closing costs do not increase the lender's effective loan yield? (A) Discount points 1 (B) Prepayment penalties (C) Title insurance charges (D) Loan origination fees 5. A borrower takes out a 30 -year mortgage loan for $350,000 with an interest rate of 6.25%. What would the monthly payment be? 6. Which of the following closing costs do not increase the lender's effective loan yield? (A) Discount points 6. Which of the following closing costs do not increase the lender's effective loan yield? (A) Discount points 1 (B) Prepayment penalties (C) Title insurance charges (D) Loan origination fees

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