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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.) Big down payment, a shorter term loan, and high interest rate
C.) Small down payment, a shorter term loan, and high interest rate
D.) Small down payment, a shorter term loan, and small interest rate

1 Answer

3 votes
B.) Big down payment, a shorter term loan, and high interest rate
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