An Unbiased View of 78 loan
Borrowers must know this critical point: When you make each of the payments over the prescribed size of the loan – 24 payments on a two-year loan, 36 payments on a three-calendar year loan, etcetera. – you will pay exactly the same degree of curiosity to get a Rule of seventy eight Loan as you would an easy desire loan.three. Prepayment Options