Question: The home equity loan payment is based on 1 0 . 4 3 % APR annualized over a 1 0 - year term. This
The home equity loan payment is based on APR annualized over a year term." This means that the loan is amortized at with monthly payments.
Table
tableLoan Type,tableCurrent MonthlyPayment ExampletableDiscover HomeEquitytableLoanAmounttableMonthlyPaymenttableLoanAmounttableMonthlyPaymentBank cards,$$PAID OFF,NONEAuto loan,$$PAID OFF,NONEtableDepartmentstore cards$$PAID OFF,NONEtableDiscover homeequity line ofcredit$$
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