Question
All of the followings are able to reduce the total interest payment over the entire life of a fixed rate mortgage (FRM) loan EXCEPT _____.
All of the followings are able to reduce the total interest payment over the entire life of a fixed rate mortgage (FRM) loan EXCEPT _____. Group of answer choices
a. Adopt a bi-weekly payment program, instead of the traditional monthly payment program.
b. Reduce the down payment of the loan.
c. Buying mortgage points (a.k.a. discount points).
d. Accelerate mortgage payment by paying more than the required minimum monthly payment
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
