Outstanding Loan Balance(lower the better)
The amount of your periodic payment (bigger the better)
Compounding period within a year (fewer the better)
Money (more the better)
also, if you can beat down the principal before the next compounding effect (ie next month)kicks in, then it's gonna be less, so always speak in terms of rates, since they are absolute
again, how frequent you pay only concern the with item #1
This post has been archived. It cannot be replied.