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The shorter your term length, the (higher / lower) your monthly payments, and the (more / less) total interest you will pay.

The shorter your term length, the (higher / lower) your monthly payments, and the (more / less) total interest you will pay.
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4 votes
The shorter your term length, the (higher / lower) your monthly payments, and the (more / less) total interest you will pay.

User Beau Nouvelle
by
8.2k points

1 Answer

4 votes
The higher your payments will be and the less total interest you will pay based on a fixed interest rate
User Ian Abbott
by
7.7k points
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