The annuity always consists of an interest component and a repayment component.
Glossary of terms Many builders wonder how they can calculate their monthly installment or annuity themselves when [...]
Annuity loan
Annuity loans are always repaid in installments.
Glossary of terms For annuity loans, the interest rate is negotiated for a specific fixed-interest period. The usual terms are 5 to 15 years, with