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  • What is a principal prepayment 2024?

    贷款 本金 利息

    Questioner:Olivia Roberts 2023-06-13 10:02:11
The most authoritative answer in 2024
  • Harper Johnson——Studied at the University of Edinburgh, Lives in Edinburgh, Scotland.

    Additional principal payments are the best way to pay down your mortgage faster. By reducing the loan balance, you reduce the interest expense on the loan, thereby shortening the loan term. However, you want to make sure the lump-sum payment doesn't trigger a prepayment penalty on the loan.Jul 17, 2009read more >>
    +119962023-06-14 10:02:11

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