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The amortization period is the A. period of time over which the mortgage interest rate and...

The amortization period is the

A.

period of time over which the mortgage interest rate and other conditions

will not change

B.

period of time over which the mortgage interest rate is subject to negotiation.

C.

expected number of years it will take you to pay off the interest balance.

D.

expected number of years it will take you to pay off the entire mortgage

loan balance.

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Answer #1

D. expected number of years it will take you to pay off the entire mortgage

loan balance.

Amortisation is the fixed payment during the specified period

which includes payment of interest and principal amount

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