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Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes borrowers financially unappealing. d.makes lenders uneasy
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Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes borrowers financially unappealing. d.makes lenders uneasy

User Jaeeun Lee
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2 Answers

3 votes

Answer:

A) decreases monthly payments

Step-by-step explanation:

User Gil Shulman
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3 votes
The correct answer is
a. decreases monthly payments

This is correct because by making a down payment, your overall loan sum is smaller which means that your monthly payment is lowered.
User Valora
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