The type of mortgage that allows you to make the lowest possible payment is called a(n) a.

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The type of mortgage that allows you to make the lowest possible payment is called a(n)

a. Zero-down mortgage.

b. Traditional constant-payment, 20 percent-down mortgage.

c. Interest-only mortgage.

d. Negative-amortization mortgage.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:16 AM

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The type of mortgage that allows you to make the lowest possible payment is called a(n) a.

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d Negativeamortization mortgage Explanation A negativeamortiz...View the full answer

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