ABSTRACT
We must begin this analysis by saying that the term of a loan has an enormous impact on annual debt service payments. This is true whether you use the level payment (LP) method or the level principal payment (LPP) method.
We must begin this analysis by saying that the term of a loan has an enormous impact on annual debt service payments. This is true whether you use the level payment (LP) method or the level principal payment (LPP) method.