We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Question about Interest Charges
Graeme7777
Posts: 256
Forumite
Hi,
Can someone please point me in the direction of a book(s) and/or website(s) that explains how lenders calculate loan repayments and early redemption amounts. I've managed to find a number of formulae online but they seem to be general financial calculations rather than how lenders calculate these amounts in PRACTICE (compounding conventions etc)
Thank You!
Can someone please point me in the direction of a book(s) and/or website(s) that explains how lenders calculate loan repayments and early redemption amounts. I've managed to find a number of formulae online but they seem to be general financial calculations rather than how lenders calculate these amounts in PRACTICE (compounding conventions etc)
Thank You!
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.7K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.3K Work, Benefits & Business
- 605.9K Mortgages, Homes & Bills
- 179K Life & Family
- 263.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards