Chapter 8 · The labour market and personal finances
Vad är ränta på ett lån?
What is interest on a loan?
Correct answer: Payment for borrowing the money
Loan interest is the cost of using borrowed money. Interest does not reduce the principal; repaying the principal is called amortisation.
Key words
ränta · interest
Source: Konsumentverket: Låna pengar – tips kring att ta lån · Vad är nominell ränta? Kostnad som långivaren tar ut
Last checked:
Why this option does not fit
Skatt på värdet av det man köper
Taxes and loan interest are different costs paid to different recipients.
Egen insats vid ett bostadsköp
An own deposit reduces borrowing needs and is not loan interest.
Återbetalning av själva lånebeloppet
Repayment of principal is called amortisation.