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Calculation Example:
For a loan of USD 100,000 at an annual interest rate of 10%, with a term of 1 year, the total repayment amount will be USD 105,499.06, including monthly payments of USD 8,791.59.

Important Note:
The consequences of non-payment are subject to U.S. legislation. Borrowers are encouraged to review all terms and conditions carefully before proceeding.

    Is it advisable to take a new loan if..

    • Issuing a new loan will make sense only if the interest rate on the new loan is so favorable that it allows you to significantly save on interest costs.
    • As a rule, such an effective situation arises when quick loans at a high interest rate are covered by a mortgage loan - savings on interest costs can reach 10%!
    • Also, keep in mind that you can pay off a quick loan before the loan is due, saving on interest costs because the interest costs are calculated based on the period of use of the loan, so if you pay off the loan early, you will have to pay less interest!

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