Standing Loan

Author Topic: Standing Loan  (Read 112 times)

Offline munna99185

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Standing Loan
« on: April 22, 2018, 01:55:31 PM »
A type of loan where payments are made of interest only. Repayment of principal is required only at the end of the loan term. A standing loan is primarily used in real estate or automobile loans. This type of loan is less common, since most lenders are more comfortable with traditional amortizing loans, where principal is paid off gradually over time.

Source: Standing Loan https://www.investopedia.com/terms/s/standing-loan.asp#ixzz5DNv7f9qB