Question: In what situation would a borrower benefit from selecting a partially amortizing loan over a fully amortized loan? Group of answer choices When the borrower
In what situation would a borrower benefit from selecting a partially amortizing loan over a fully amortized loan?
Group of answer choices
When the borrower wants to minimize monthly payments before a large balloon payment
When the borrower requires a variable interest rate
When the borrower seeks a shorter loan term
When the borrower needs to avoid any interest payments
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