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What is the total amount of loan on Pakistan 2011?

The total loan stands at over $64 Billion on Pakistan in the year of 2012.


How can I calculate the total interest paid on my mortgage?

To calculate the total interest paid on your mortgage, you can use the formula: Total Interest Total Payments - Loan Amount. This means you subtract the initial loan amount from the total amount you will pay over the life of the loan. This will give you the total interest paid.


What is the proportion of my current loan balance to the original loan amount?

The proportion of your current loan balance to the original loan amount is the percentage of how much you still owe compared to the total amount you borrowed.


How does a bank set a home equity loan rate?

A home equity loan rate is determined by the total loan amount and the individual's FICO credit score. The total loan amount is based on the net value of the house and the remaining mortgage.


What is the required deposit amount for obtaining a business loan?

The required deposit amount for obtaining a business loan varies depending on the lender and the specific loan terms. It is typically a percentage of the total loan amount, ranging from 10 to 30.


What is the amount of loan on every citizen of India from World Bank?

our country's total population is 1.21 billion (upto 2011) and total lending amount from world bank of our country is 9.30 billion (upto 2010)... so you can calculate the individual amount of every citizen...


What happens when you pay the principal on a loan?

When you pay the principal on a loan, you are reducing the amount of money you owe on the loan. This helps to decrease the total amount of interest you will have to pay over the life of the loan and can help you pay off the loan faster.


What is the maximum loan amount I am approved for if the house costs less than that amount?

The maximum loan amount you are approved for is the total cost of the house, even if the house costs less than that amount.


What is the difference between the principal balance and the payoff amount on a loan?

The principal balance is the amount of money you still owe on a loan, while the payoff amount is the total amount needed to pay off the loan in full, including any remaining interest or fees.


What are principal and interest on a loan?

The principal is the initial amount borrowed in a loan. Interest is the cost charged by the lender for borrowing that principal amount. The total repayment amount on a loan typically includes both the principal and the interest.


How does paying towards principal help reduce the total amount of interest paid on a loan?

Paying towards the principal of a loan reduces the total amount of interest paid because the interest is calculated based on the remaining balance of the loan. By lowering the principal amount, the interest charged on the remaining balance decreases, resulting in less interest paid over the life of the loan.


What is the total amount of money students can borrow under the Perkins Loan?

27,500