FINANCE|financial institutions and credit|credit
- iasacht bhlianachta Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- annuity loan
- en
- Sainmhíniú form of credit with fixed payment flows to the lender across the entire term of the loan Tagairt "Deutsche Bundesbank http://www.bundesbank.de/Navigation/EN/Service/Glossary/Functions/glossary.html?lv2=1490&lv3=135682 [26.9.2014]"
- Nóta 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.