Which of the following statements best describes how the 2 components of equal mort interest) change over time? Payment of principal increases and interest expense decreases, Interest expense increases and payment of principal decreases. Both payment of principal and interest expense decrease. The proportion of interest expense to the payment of principal remains the same. 3.25 p how the 2 components of equal mortgage payments (the principal and the ecreases. creases. se. Fincipal remains the same