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Question 32 2.86 pts In order to best compare competing loan offers from multiple lenders you should focus on comparing the of each loan. Simple
Question 32 2.86 pts In order to best compare competing loan offers from multiple lenders you should focus on comparing the of each loan. Simple interest rate Compound interest rate APR APO U Question 33 2.86 pts The the maturity of a loan, the the payments. Maturity does not effect repayment schedule shorter; smaller longer; larger O shorter; larger Question 34 2.86 pts is interest paid in a lump sum up front to get a lower rate on your mortgage. Each costs of the mortgage amount. closing fee; closing fee; 2% point; point; 5% APR; APR; 1% O point; point; 1% D Question 35 2.86 pts To determine how much home you can afford to purchase, you should look at your budget, balance sheet and income statement. be sure to maintain some funds for liquidity purposes to cover unanticipated bills. All of these options are correct answers. O try to limit the total monthly payment (PITI) to no more than 25% of take-home pay
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