All institute auto loan should have no pre-pay penalty

来源: autumnmoon 于 2009-10-20 13:45:33 [] [旧帖] [给我悄悄话] 本文已被阅读： 0 次 (239 bytes)
and charge you interest based on your use of money. So if you pay early, you save interest start next day.

The lender usually charge you every month as

rate * balance / 12.

so when you balance is 0 no more interest.

所有跟帖： 

• 谢谢你,你说的对,我刚才看了 -thanksbblj- ♂ 给 thanksbblj 发送悄悄话 (62 bytes) () 10/20/2009 postreply 15:33:36

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