QUESTION 11 3 points Saved A lender believes 6% is a competitive yield on a 75% loan to value mortgage for 30 years and that other lenders are pricing loans of a similar nature at that rate. If the lender wants to earn a yield higher than the competitors in the market and wants to receive 7% and believes the borrower will repay the loan at the end of 10 years, how much discount points should he charge the borrower at loan origination? (Assume a notional amount of $100,000 is the 75% being borrowed. State your final answer rounded to 2 decimals) 91.44 QUESTION 12 3 points Saved A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the principal paid in the first 5 years? (State your final answer rounded to 2 decimals) 10,602.42 QUESTION 13 3 points Saved A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the principal paid in the last 5 years? (State your final answer rounded to 2 decimals) 118,934.53 QUESTION 14 3 points Saved A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the interest paid in the first 10 years? (State your final answer rounded to 2 decimals) 150,661.14 QUESTION 15 3 points Save Answer A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the total interest paid over 30 years? (State your final answer rounded to 2 decimals) 318,360.64