Answer: D down payment
Explanation
A mortgage payment typically includes three components:
a. Principal: the amount of money borrowed to purchase the home
b. Interest: the cost of borrowing the money from the lender
c. Taxes: property taxes assessed by the local government based on the value of the property
The down payment is the initial payment made by the borrower towards the purchase of the home, and is not a component of the mortgage payment. So the answer is D