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2. What is an installment loan? Types, how they work ... - AOL

   www.aol.com/finance/installment-loan-types...

   An installment loan is a debt that gives you funds all at once that are paid off in monthly amounts, called installments, over a set time period. Installment loan payments usually include interest ...

3. How to get a personal loan in 8 steps - AOL

   www.aol.com/finance/personal-loan-8-steps...

   Next steps: Check the websites of some personal loan lenders to get an idea of the rates and terms they offer. You should also check their rates and use them with a personal loan calculator to get ...

4. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   For the figures above, the loan payment formula would look like: 0.06 divided by 12 = 0.005. 0.005 x $20,000 = $100. In this example, you’d pay $100 in interest in the first month. As you ...

5. Installment loan - Wikipedia

   en.wikipedia.org/wiki/Installment_loan

   An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.

6. Term loan - Wikipedia

   en.wikipedia.org/wiki/Term_loan

   Term loan. A term loan is a monetary loan that is usually repaid in regular payments over a set period of time. Term loans usually last between one and ten years, but may last as long as 30 years in some cases. A term loan usually involves an unfixed (a.k.a. floating) interest rate that will add additional balance to be repaid.

7. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage ( / ˈmɔːrɡɪdʒ / ), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.