Which of the Following Would Increase the Speed of Equity

question 53

Multiple Choice

Which of the following would increase the speed of equity growth for a homebuyer?

• A)making a down payment of 10 percent instead of 20 percent
• B)obtaining a mortgage interest rate of 9 percent instead of 8 percent
• C)obtaining a 15-year mortgage instead of a 30-year mortgage
• D)making larger deposits to the escrow account
• E)making smaller deposit to the escrow account