IDNLearn.com offers a user-friendly platform for finding and sharing knowledge. Discover comprehensive answers to your questions from our community of knowledgeable experts.

In a mortgage, the amount of money borrowed is called the
interest
fee
point
principal


Sagot :

Answer:

principal

Explanation:

*principal - the amount of money borrowed.

*interest - the money paid for the privilege of using the lender's principal.

*term - the period of time over which the loan is repaid.

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.