NO.PZ2018062020000027
问题如下:
A balloon payment
equal to a mortgage’s original loan amount is a characteristic of a:
选项:
A.bullet mortgage.
fully amortizing
mortgage.
partially amortizing
mortgage.
解释:
A is correct. A bullet mortgage is a special type of interest-only mortgage in which there are no scheduled principal repayments over the entire life of the loan. At maturity, a balloon payment is required equal to the original loan amount.
B is incorrect because with a fully amortizing mortgage, the sum of all the scheduled principal repayments during the mortgage’s life is such that when the last mortgage payment is made, the loan is fully repaid, with no balloon payment required.
C is incorrect because with a partially amortizing mortgage, the sum of all the scheduled principal repayments is less than the amount borrowed, resulting in a balloon payment equal to the unpaid mortgage balance (rather than the original loan amount).
考点:bullet mortgage
解析:题目说期末余下最后一期需要偿还的本金和一开始借款金额相等的是哪一个。所以,A选项是正确的。bullet mortgage是一种特殊类型的抵押贷款,在贷款的整个生命周期中没有预定的本金偿还。到期时,最后一期需要偿还的本金和一开始借款金额相等。
只有 amortization