Key definition
A flat interest rate is a fixed percentage charged on the initial principal amount throughout the loan or investment term, without taking into account any changes in the outstanding balance.
A flat interest rate is a fixed percentage charged on the initial principal amount throughout the loan or investment term, without taking into account any changes in the outstanding balance.
A flat interest rate is a fixed percentage charged on the initial principal amount throughout the loan or investment term, without taking into account any changes in the outstanding balance.
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Payment Plan
| Period | Payment Time | Payment Amount | Interest Paid | Principal Paid | Remaining Principal |
|---|
Payment Summary
| Item | Value |
|---|---|
| Contract Amount: | |
| Equipment Value: | |
| Down Payment: | |
| Loan Amount: | |
| Yearly Flat Interest Rate: | |
| Loan Duration (months): | |
| Total Interest: | |
| Total Rental Payment: | |
| Regular Monthly Payment: | |
| Last Term Payment: | |
| Effective Annualized Interest Rate: | |
| IRR: |