Which combination of factors would result in the lowest monthly mortgage payment?

1 answer:

8 0

The choices can be found elsewhere and as follows:

A.) Big down payment,a longer term loan, and a low interest rate
B.) Big down payment, a shorter term loan, and high interest rate
C.) Small down payment, a shorter term loan, and high interest rate
D.) Small down payment, a shorter term loan, and small interest rate

I think the correct answer is option A. It would be Big down payment,a longer term loan, and a low interest rate that would result in the lowest monthly mortgage payment. Hope this answers the question.

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