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During the last years of a balloon mortgage loan, the lender applies most of the monthly payment to the outstanding principal balance. O all of
During the last years of a balloon mortgage loan, the lender applies most of the monthly payment to the outstanding principal balance. O all of the monthly payment to the outstanding principal balance. O most of the monthly payment to interest on the loan. O all of the monthly payment to interest on the loan. O the monthly payment equally to interest on the loan and the outstanding principal balance
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