Which accurately describes the terms of this mortgage? check all that apply. the homeowner is borrowing $360,000. the monthly interest rate is 4 percent. monthly payments must be made for 30 years. the annual interest rate is 4.8 percent. the homeowner is borrowing $200,000. monthly payments must be made for 360 years.

Question

01-04-2022
Social Studies

Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Which accurately describes the terms of this mortgage? check all that apply. the homeowner is borrowing $360,000. the monthly interest rate is 4 percent. monthly payments must be made for 30 years. the annual interest rate is 4.8 percent. the homeowner is borrowing $200,000. monthly payments must be made for 360 years.

Sagot :

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.

The end of the Cold War marked the triumph of: A: communism B: capitalism C: totalitarianism D: mercantilism

2. Why was the election of 1860 known as the final straw leading to the Civil War?

A sample of salt (sodium chloride) is placed on the tip of a platinum wire. When the sample is heated on blue flame the flame turned yellow. Explain how this ca

Unlike a mineral, a rock _____. is made up of exclusively carbon is made up of multiple substances is made up of inorganic compounds is a natural resource

Which is a line of dialogue? "Give me back that notebook," she said. "This data supports our conclusion," the article states. The long drive became even longer

If you are reading a story and you notice that the colors white and yellow keep coming up in association with the same character, what traits should you associa

A judgment based exclusively upon fixed, knowable facts or standards is _____. intuitive objective subjective

Can you think of another combination of triangle classification that is impossible?

Energy efficiency and energy conservation mean the same thing? true or false

__________ is defined as a document given by a sovereign power to a company or colony outlining its purpose and rights. A. charter B. consent C. assembly D. dip

priyankapandeyVT priyankapandeyVT · Answer 1 · 2022-04-11T09:50:30-04:00

The monthly payment for 30 years, the interest rate the rate 4.8%, and the borrowing of $200,000 by the homeowner.

What is a mortgage?

It is a secured loan against the property in which, the lender lends money to the borrower at interest by taking in exchange the property title, with the condition that the conveyance becomes null and void when the payment of debt is made.

C - Monthly payments for 30 years.

D - The interest rate is 4.8% to be paid annually.

E - Borrowing $200,000 by the homeowner.

Therefore, the above statements C, D, and E aptly describe mortgages.

Learn more about mortgages here:

https://brainly.com/question/13447700

Sagot :

What is a mortgage?

Other Questions