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Question 38 1 pts 9. You are going to buy a house for $400,000. You have enough cash that you can use either an 80% or a 90% LTV mortgage. You talk to your lender and are given the following options: a. You can get an 80% loan at 3.5% for 30 years b. You can get a 90% loan for 4% for 30 years. What is the incremental cost of financing the marginal 10% if you take the second loan, assuming that you will stay in the loan for all 30 years? Question 39 1 pts 10. Consider again problem #9. You shop around a bit and find a company that will give you a second mortgage on the marginal amount at 7%. So, this would mean that you would take out the 80% loan at 3.5% for 30 years and then also an additional 10% LTV second loan at 7%, also for 30 years. a. Assuming you kept both loans until maturity, what would be the effective cost of your total financing over the 30 years