Question
Which of the following is true regarding a self amortizing, fixed rate mortgage? You must get a 30 year loan for it to be fully
Which of the following is true regarding a self amortizing, fixed rate mortgage?
You must get a 30 year loan for it to be fully amortized
The principal and interest payment of your loan never changes
Tax advantages of the loan increase over time
Having a fixed interest rate is always a benefit to a home mortgage
It's easier for young households to qualify
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Advanced Modelling In Mathematical Finance
Authors: Jan Kallsen, Antonis Papapantoleon
1st Edition
3319458736, 978-3319458731
