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Which of the following methods would help the purchaser of a home reduce interest costs and build equity more quickly. 1. Larger down-payment 2. Longer

  1. Which of the following methods would help the purchaser of a home reduce interest costs and build equity more quickly.

    1. Larger down-payment

    2. Longer repayment period

    3. Larger monthly payments

    4. Smaller monthly payments

    5. Biweekly payments (every other week)

    a. 1,3,5

    b. 2,4

    c. 1,2,3

    d. 2,4,5

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