All Questions
Tagged with amortization repayment
5
questions
2
votes
2
answers
557
views
Partially vs. Fully Amortized Loan
Isn't the article beneath wrong to interpret a Fully Amortized Loan as a loan with 7 years maturity? Isn't the correct comparator a Fully Amortized Loan with 30 years maturity, and 30 years ...
user102055
3
votes
2
answers
2k
views
Credit Card Amortization via Principal-Only Payments
On a home loan amortization schedule, I can make the monthly payment and add the principal-only owing for the "next" payment along with it, and avoid paying the interest for that next month, which ...
- 33
2
votes
1
answer
646
views
Term loan overpayment options: applied to principal, or...?
Twice in my life now (as of yesterday) I've found myself in a very confusion situation after having made higher-than-scheduled payments on a term loan for an extended period of time.
The first time, ...
- 390
4
votes
2
answers
5k
views
How to recalculate an amortization table after making a large payment?
I have an auto loan I wish to apply a very large amount to. I have a amortization table that shows me details for each payment I make. Here's where it gets complicated...
My lender does not allow ...
- 141
4
votes
3
answers
9k
views
How do I calculate interest on a personal loan with irregular withdrawals and payments?
Several years ago, I loaned money to a family member. They borrowed different amounts at irregular intervals. They are now beginning to repay, so I want to establish exactly how much they owe. I have ...
- 16k