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Calculation of interest only on a loan payment in which the borrower pays only interest on the loan within a certain period of time and the principal amount is not reduced.
Just the interest on the loan:
The fixed interest rate on a loan in which the borrower pays only interest on the principal amount of the loan within a specified period of time, without paying the principal amount of the loan.
This tool will help you dynamically calculate the interest on the loan.
First American Title Insurance Company - Homebuilder Services
8490 E Crescent Pkwy Suite 375, Greenwood Village, CO 80111