You can also get a complete five-year amortization schedule telling you exactly how much principal and interest you will pay each month. As the calculator shows, with simple interest and on-time payments, the amount of interest you pay goes down over time, and your payment applied to the ...
Subsequently, you should amortize these fees or costs over the expected life of the loan. In most cases, they are included in theeffective interest ratecalculation, but yes, you can use alternative method of amortization. Now, we need to distinguishwhat the transaction fees are received for. H...
1 Valid Government Photo ID–listahan ng puedeng IDs Proof of Billing– puedeng Meralco bill, Nawasa, PLDT, credit card statement of account, house amortization statement, etc *Billing statement under someone else’s name is acceptable as long as the address indicated in the billing statement ...