meerkat18 meerkat18

09-12-2016
Business

contestada

Making a down payment reduces the

a. desire of a lender to loan money
b. creditworthiness of a buyer
c. sale price of a house
d. loan principle amount

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atrochelmann atrochelmann

09-12-2016

d. loan principle amount

The loan principle amount is the amount of money borrowed for the loan. Making the down payment 1) proves the creditworthiness and capability of the buyer and 2) the overall amount of money to payback.

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