Private Money Pay Off

[Jordan Ward]

I am knew to investing and have some pretty basic questions about paying back private money. Here are two scenarios...I would love it if someone could walk me through how much my monthly payment would be and how I would get all the money back to my private money partners. 

1. Lets say I buy a property through private money for $100,000 at 6% for 14 months. After 14 months refinance through bank. During the 14 months what would I pay my investor monthly and how would he receive his full amount back with interest?

2. Same scenario except this time the terms are for 5 years. Payments? Payment back in full? After 5 years is it possible to have the property free and clear? 

Sorry if this seems pretty basic. I've never done this before though. 

Thanks!!!!