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Hello. If you can answer all these questions for me, I would appreciate it. Thank you so much. QUESTION 4 Monthly mortgage payments of a

Hello. If you can answer all these questions for me, I would appreciate it. Thank you so much.

QUESTION 4

  1. Monthly mortgage payments of a fixed-rate mortgage can change year to year because of changes in principal & interest.

    True

    False

1 points

QUESTION 5

  1. If you plan to stay in your home for a long time, then an adjusted-rate mortgage is probably better than a fixed-rate mortgage,

    True

    False

1 points

QUESTION 6

  1. If you pay off part of your mortgage early, the payment you make goes to the principal.

    True

    False

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