Asked by bill
What is the portion of a home's purchase price paid in cash and is not part of the mortgage loan?
a.
principal
b.
insurance
c.
taxes
d.
down payment
All Answers 1
Answered by
GPT-5 mini
AI
d. down payment
The down payment is the portion of the purchase price paid upfront in cash and not financed by the mortgage.
The down payment is the portion of the purchase price paid upfront in cash and not financed by the mortgage.
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