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Equal principal and equal interest are two different loan repayment methods

Golfines

by Vien Von Nguyen

What is it about?

Equal principal and equal interest are two different loan repayment methods.

App Details

Version
1.1.1
Rating
NA
Size
1Mb
Genre
Finance
Last updated
April 20, 2024
Release date
April 17, 2024
More info

App Screenshots

App Store Description

Equal principal and equal interest are two different loan repayment methods.
Equal principal refers to dividing the total amount of loans equally during the repayment period, and repaying the same amount of principal and the remaining interest generated by the loan for that month each month
Equal principal and interest refer to the monthly repayment of an equal amount of loan (including principal and interest) during the repayment period.
This app can help you calculate monthly repayment interest and total repayment amount.

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