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Which of the following describes the term of your mortgage? A: The length of your loan B: The amount you are refunded once you pay off your house C: The amount of money you borrow D: The interest a person
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43 votes
43 votes
Which of the following describes the term of your mortgage?

A: The length of your loan
B: The amount you are refunded once you pay off your house
C: The amount of money you borrow
D: The interest a person will pay on their loan

User Noam Hacker
by
2.4k points

2 Answers

28 votes
28 votes

Answer:

The length of your loan

Step-by-step explanation:

The term of a mortgage loan is how long the borrower has to repay the loan. Most home mortgages are typically 15, 20, or 30 years.

User Dgsleeps
by
3.0k points
6 votes
6 votes

Answer:

answer A-the length of your loan

User OD IUM
by
2.8k points
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