Hello. If you can answer all these questions for me ASAP, I would appreciate it. They are True or False. Thank you so much.

QUESTION 1

1. In the early years of the mortgage, your payments are mostly principal, while in the last years they are mostly interest.

   True

   False

1 points

QUESTION 2

1. A percentage of the purchase price paid in cash upon purchase for a house is known as a mortgage.

   True

   False

1 points

QUESTION 3

1. Refinancing could be a bad option if exit or entrance fees are high.

   True

   False