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How do you find the total cost of an auto loan? Note: This calculator only shows the total accrued loan cost for theprincipal and interest. This does not include other ad ... See More
the cost of a loan is the sum total of the principal amount borrowed and accrued interest you pay once you liquidate the whole loan.
The total cost of a loan is the actual money you borrow plus all of the interest you will pay
The cost refers to pay the extra i.e. interest and the expense which occurs to get the loan. Also the transaction cost which occurs after the loan.
both of them will effect bank profitability
Mcrofinance loan for pety trades, Agric loan for cash crops and animal production ,Salary loan for employed workers and commucial loan for business and high time contract ... See More