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Posted on Oct 06, 2024

With a conventional amortized mortgage loan, what is TRUE about each monthly principal and interest payment? a. The loan payment will go up each month.

With a conventional amortized mortgage loan, what is TRUE about each monthly principal and interest payment?

a. The loan payment will go up each month.

b. The portion used to pay interest increases.

c. The portion used to pay interest decreases.

d. The loan payment will go down each month.

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