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Lv 6

undercovernudist asked in Business & Finance Personal Finance · 1 decade ago

Your note amount was $16,613.29 your principle balance is $12,657.83.....Do I currently owe 16 thou or the 12?

2 Answers

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KlemKiddleHopper
Lv 7
1 decade ago
Favourite answer
Common Sense is correct - if you say I want to payoff my loan today and be rid of you ante up $12,657.83
If you like paying interest or can't afford to pay Ebeneezer then
you owe $16,613.29 until your next payment is due with interest
?
Lv 7
1 decade ago
The previous answer is incorrect. You owe as of today the 12,657. If you make all the payments you will pay 16,613.

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