Question

What is the portion of a home's purchase price paid in cash and is not part of the mortgage loan? a. principal b. insurance c. taxes d. down payment

Answer 1

The portion of a home's purchase price that is paid in cash is D. Down payment.

The down payment is money you give to the home’s seller.(Usually in cash)

Have a wonderful day!

Answer 2

Down payment - because it states it’s just a portion of the homes purchase price.