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Product classification

Method of equal repayments

Method of equal repayments

  Method of equal repayments and total interest and the total principal amount of the mortgage loan together, then in equal shares to the repayments each month, monthly payments are fixed, but the proportion of monthly payment for principal monthly increases, interest share of monthly declines. This way of payment, the actual take up more bank loans, take longer, and it's easier for the borrower arrange monthly living and money (to rent the room and so on), for savvy investments, is good at "making money with money" people, is certainly the best choice. BACK

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