Gaois

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  1. FINANCE|financial institutions and credit|credit

    #642733

    IATE #3509238
    iasacht bhlianachta Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    annuity loan
    en
    Definition form of credit with fixed payment flows to the lender across the entire term of the loan Reference "Deutsche Bundesbank http://www.bundesbank.de/Navigation/EN/Service/Glossary/Functions/glossary.html?lv2=1490&lv3=135682 [26.9.2014]"
    Comment The repayment amounts (instalments) are typically paid monthly and made up of principal and interest components. As the outstanding balance of the loan diminishes over time, the interest component of the instalment goes down while the principal component increases. Real estate loans are often structured as annuity loans.