Choose the Most Appropriate Answer for Each

Multiple Choice

Choose the most appropriate answer for each.
-refers to a monthly loan payment that includes principal, interest, property taxes, and property insurance

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