Problemas

10. Most mortgage loans are repaid over what time period? A. 20-30years B. 15-30 years C 15-20yeors D. 10-45years A C D
Solución
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Víctorveterano · Tutor durante 11 años
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The correct answer is A. $20-30$ years.<br /><br />Most mortgage loans are typically repaid over a period of 20 to 30 years. This is the most common term range for mortgage loans, as it strikes a balance between monthly payment affordability and the total cost of the loan.<br /><br />The other options are not accurate:<br /><br />B. $15-30$ years is not a typical mortgage term range, as 15 years is a less common option.<br /><br />C. $15-20$ years is also not a standard mortgage term, as most loans fall within the 20-30 year range.<br /><br />D. $10-45$ years is an unrealistic range for mortgage loans, as 10 years is too short and 45 years is too long for a typical mortgage.<br /><br />So in summary, the correct answer is A. $20-30$ years, which represents the most common mortgage loan repayment period.
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