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A man and a woman sitting in front of a laptop calculate loan interest.

How To Calculate Interest On A Loan

7 Min Read
Published May 29, 2024

When you take out a loan or mortgage, your lender charges you interest on the amount you borrow. How much interest you pay depends on the interest rate and how the interest is calculated. Understanding how interest is calculated will help you better understand the terms of your loan and prepare you to choose the […]

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