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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
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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 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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