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If I'm going to borrow money and decide to double the amount that i want to borrow. Should i double the payment if I wish to keep the same amortization period?
please give an example with your reasoning! Thanks😁

 May 25, 2021
 #1
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Doubling the amount would be like having two loans at the same amount with equal payments.....you would have to double your payments to keep the same schedule.

 May 25, 2021

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