annuity loan (level-payment loan)

Language English

noun • IPA / IPA not found /

What does annuity loan (level-payment loan) mean?

An annuity loan is a loan where the total payment, meaning principal instalment plus interest costs, is the same throughout the loan term. Interest costs are higher at the start, then decrease each period while the principal instalment increases accordingly.

Relations to

The relations below show words that share meaning, stand in contrast, or have hierarchical connection to annuity loan (level-payment loan).

Hypernyms (broader concepts)

More general concepts that this word belongs to.

a annuity loan (level-payment loan) er a type of bank loan

Related terms

Words that are semantically related. annuity , amortization , repayment , interest og principal

annuity loan (level-payment loan) in other languages

Language

Definition

annuitetslån

Norwegian Bokmål

Et annuitetslån har faste terminbeløp, men andelen rente og avdrag endres over tid.

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About this entry

Language:: English ENG
Part of speech:: noun
Last updated:: Apr 30, 2026

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annuity loan (level-payment loan). (2026, 30. Apr). I Synonym.no. https://synonym.no/eng/annuity-loan-level-payment-loan_n2