Comments (3) on “ASAP HELP what effect the interest rate has on your monthly mortgage payment.”
Answer :-
Down payment
In general, a larger down payment means a lower interest rate, because lenders see a lower level of risk when you have more stake in the property. ... Mortgage insurance, which protects the lender in the event a borrower stops paying their loan, adds to the overall cost of your monthly mortgage loan payment.
Step-by-step explanation:
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Answer :-
Down payment
In general, a larger down payment means a lower interest rate, because lenders see a lower level of risk when you have more stake in the property. ... Mortgage insurance, which protects the lender in the event a borrower stops paying their loan, adds to the overall cost of your monthly mortgage loan payment.
Step-by-step explanation:
this is the correct answer you want please follow me and make me brainlist
The first digit is in the middle school 100s place
20 percentage, you can also do it on a calculator.