Choose the Most Appropriate Answer for Each

Multiple Choice

Choose the most appropriate answer for each.
-a loan that requires the borrower to pay interest only until maturity, at which time the full amount of the loan must be repaid

A) Amortized loan
B) Amortization tables
C) Balloon loan
D) Budget mortgage
E) Conventional loan
F) Discount point
G) Equity
H) FHA
I) Impound account
J) Loan balance table
K) Loan origination fee
L) Loan-to-value ratio
M) Maturity
N) Partially amortized loan
O) PITI payment
P) PMI
Q) Point
R) Principal
S) Term loan
T) UFMIP