TE MMUAE NO ASE Ɔkwan bɛn so na wobu eyi? Both plans use the same principal with fixed monthly payments. The comparison includes principal and interest only; lender fees, insurance, penalties and irregular payment timing are excluded.
Fixed-payment loan comparison Tua = P × [r(1 + r)ⁿ] ÷ [(1 + r)ⁿ − 1]
Nhwɛso a mfaso wɔ so Compare a 25,000 loan at 7.5% for five years with 6.5% for four years. The shorter plan can have a higher payment while reducing total interest.
NSƐMMISA A ƐTAA BA Mmuae ntɛm Should I choose the lowest monthly payment?+ Not automatically. Compare total interest, fees and payoff time as well as the monthly amount.
Does Plan B use a different loan amount?+ No. Both plans use the same principal so the rate-and-term tradeoff is clear.
Akontaabu yi yɛ pɛpɛɛpɛ dɛn?+ Akontaabu no di fomula a wɔakyerɛ no akyi, nanso result no pɛpɛɛpɛyɛ gyina rate, ka, bere ne nsusuwii afoforo a wode hyɛ mu so.
Ɔkwan bɛn so na wobu bosea tua?+ Amortization fomula gyinapɛn no kyekyɛ sika titiriw ne mfɛntom wɔ ɔsram tua dodow a woapaw no mu.
Bere tiawa kora mfɛntom?+ Mpɛn pii yiw. Bere tiawa ma tua kɔ soro nanso ɛtew asram dodow a mfɛntom boaboa ano.
Metumi de eyi adi dwuma ama ankorankoro bosea?+ Yiw, sɛ bosea no wɔ rate a ɛnsesa ne ɔsram tua a ɛtaa ba a. Fa fees a wɔde bosea atua ka bosea dodow ho bere a ɛfata.
Dɛn nti na tua a edi kan no mu fã kɛse yɛ mfɛntom?+ Mfɛntom gyina bosea a aka so, a ɛkorɔn paa wɔ amortizing loan mfiase.