Is the interest the same for a 5 year loan if the whole capital is paid in 1 month period completely?
Answered by:
Depends on the Laon structure. There are so many types of loans. Depending on type of loan and the lender you will either pay one months interest all the way up to full 5 year interest or early termination penalties
1 Reply
Sammy Askar
from Pacific Smog & Lube
It is only sale agreement .