Based on your understanding of TVM which of the following would be false with respect to your home mortgage. All else being the same.

A) The longer the amortization period, the more interest you are likely to pay over the life of the mortgage.

B) If you increase the frequency of your mortgage payments you could shorten the amortization period.

C) If you lower your monthly mortgage payments you will decrease the amortization period.

D) If you make additional lump sum payments periodically during the term of your mortgage you could shorten the amortization period.

E) B & C are false.