Why is it important to explain the total cost of the mortgage (TCO) to the client?

Why is it important to explain the total cost of the mortgage (TCO) to the client?

• A. To help clients understand all payments over the term, including interest, fees, and charges.
• B. To emphasize the speed of repayment.
• C. To compare only the initial fees at application.
• D. To determine the quickest way to pay off the loan.

Answer: (B)