Is the interest the same for a 5 year loan if the whole capital is paid in 1 month period completely?

Answered by:

Robert Jaskiewicz

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1776 Capital Finance LLC
17 Questions answered
Answered on May 6th, 2018

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

May 8th, 2018
It is only sale agreement .
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