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).
不是很明白题目意思,是说balloon payment和一开始约定好每期要还的是一样的是哪个选项么?AC选项不都是提前约定好的么?