An annuity loan means that you pay back the same amount at each payment opportunity, but the distribution between the interest cost and the amortization varies over time.
Is it the loan that is taken.
Is it the annual interest rate as a percentage of the current loan.
Shows how often a repayment is made on the loan.
Loan time is the time the loan is before it should be fully repaid.
Displays the amount to be paid at each time according to the type of payment.
Annuity: |
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