Author Question: One advantage of financing with a mortgage or using a home equity loan is that the interest payments are (Read 107 times)

maegan_martin · **on:** Apr 14, 2019

Question 1

Personal financing can do all of the following,
except

◦ allow you to make purchases without having the full amount of cash on hand.
◦ increase the amount of your assets.
◦ prove useful for large purchases.
◦ help in increasing your ability to save.

Question 2

One advantage of financing with a mortgage or using a home equity loan is that the interest payments are

◦ at below market rates.
◦ tax-deductible.
◦ an asset.
◦ the largest part of the payment.

robbielu01 · **Reply #1 on:** Apr 14, 2019

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