Students were asked to answer a question at education and to assert what is most important for them to succeed. One that response stood out from the rest was practice. Successful persons usually aren’t born successful; they become successful with hard work and determination. If you wish to accomplish your goals, keep this in mind! right below are one of the answer and question example that you possibly will work with to practice and enhance your information and also give you insights that can guide you to keep up your study in school.
Match each type of mortgage to the feature described.adjustable-rate mortgage
A large portion of the borrowed
principal is repaid at the end of
Monthly payments adjust
throughout the duration of
Monthly payment will not
The monthly payment is initially
at a fixed rate followed by a
The mortgage match is described below:
Balloon mortgage (Partial amortization loan)-A large portion of the borrowed principal is repaid at the end of the loan.
Adjustable-rate mortgage- Monthly payments adjust throughout the duration of the loan.
Hybrid mortgage -The monthly payment is initially at a fixed rate followed by a variable-rate period.
fixed-rate mortgage- Monthly payment will not increase.
What is a fixed-rate mortgage?
The fixed-rate mortgage is known to be a type of mortgage that has a fixed interest rate in course of the entire duration of the loan.
This may be for 10 yr, 15 yr, 25 yr, or more. It is known to be the most common type of mortgage that is obtained or used by people.
Learn more about Mortgage from
They could definitely hopefully assist the student solve the question by making use of the questions and answer examples. Then could potentially have some sharing in a group discussion and also learning with the classmate related to the topic, so another student also own some enlightenment and still keeps up the school learning.