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What is the per diem on loan that has a interest rate of 9.50%?


What is the per diem on loan that has a interest rate of 9.50%?

It depends on the loan amount. To calculate it for yourself, take the loan amount, multiply it by 9.5% and then divide that answer by 365. It's just that easy! Source(s): www.nosurpriseloans.com
Yes just multilply the total loan X .095. Then divide by 365. times that the number of days from your closing date until the end of the month. That is what total your per diem interest will be at closing.
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