value: 1\na house loan is called a:\n a. principal\n b. interest rates\n c. minimum payment\n d. mortgage
value: 1\na house loan is called a:\n a. principal\n b. interest rates\n c. minimum payment\n d. mortgage
Answer
Brief Explanations:
A mortgage is a type of loan used to purchase real - estate like a house. The principal is the initial amount of the loan, interest rates are charges on the loan, and minimum payment is the least amount to be paid towards the loan each period.
Answer:
D. mortgage