27053
AssignmentMultiple Select

Spending

Question 27053 • Financial literacy Q2 - Brinkerhoff - 2000 - 2025/26

What is included in Sasha’s mortgage payment? Check all that apply.

Answer
A
repairs, if something breaks
B
utilities, such as electricity and water
C
homeowner's insurance and property taxes
D
maintenance costs for the home
E
interest on the loan

Explanation

A mortgage payment typically includes the loan’s principal and interest. It may also include amounts collected for homeowner’s insurance and property taxes, often held in escrow. Repairs, utilities, and routine maintenance are separate costs of owning a home, not part of the mortgage payment.

AI-written and checked against the verified answer.

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