Question

Which combination of factors would result in the lowest monthly mortgage payment?
A.Big down payment, a longer term loan, and low interest rate
B.Small down payment, a shorter term loan, and small interest rate
C.Small down payment, a shorter term loan, and high interest rate
D.Big down payment, a shorter term loan, and high interest rate

Answer 1

small down payment,a shorter term loan,and high interest rate

Answer 2

The factors which result in the lowest monthly mortgage payment is the option C. Small down payment, a shorter term loan and high interest rate.