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15. If you were truly financing this home, how would you structure your mortgage payment (i.e. term, amortization, payment frequency, fixed/variable, open/closed)? Explain and support

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15. If you were truly financing this home, how would you structure your mortgage payment (i.e. term, amortization, payment frequency, fixed/variable, open/closed)? Explain and support why you would structure your mortgage this way. (5 marks) Term: Amortization: Payment Frequency: Fixed or Variable: Closed or Open: 15. If you were truly financing this home, how would you structure your mortgage payment (i.e. term, amortization, payment frequency, fixed/variable, open/closed)? Explain and support why you would structure your mortgage this way. (5 marks) Term: Amortization: Payment Frequency: Fixed or Variable: Closed or Open

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