1. 1. What is the difference between a fully amortized loan and a straight-line amortized loan?
2. 2. What is a straight or term loan?
3. 3. Why is a graduated payment mortgage sometime appealing to young, less affluent buyers?
4. 4. What is a partially amortized loan and a balloon payment?
5. 5. Why is a negative amortization plan so risky?

Answer rating: 100% (QA)

Heres a breakdown of the different loan types you requested 1 Fully Amortized Loan vs StraightLine Amortized Loan There isnt a significant difference between a fully amortized loan and a straightline ... View the full answer