How Do I Calculate How Much Interest I Pay Daily On My Home Equity Loan?
I would like to become informed on how to quickly pay down my loan
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It all depends on the amount of loan you have to pay and your decided percentage interest rate.For example if you have to pay Rs.10000 in 6 months and interest rate is decided as to 10%.Then you have to pay Rs.11000 in 6 months.Means interest is Rs.1000 .Now you can easily calculate it on daily basis.
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