Is it more profitable to repay a loan in its entirety asap as to avoid interests ?
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It heavily depends on the terms of the loan. Some loans have prepayment penalties that may mean paying all or most of the interest if repayment is made early, in those cases it’s definitely not better.
Without penalties, it depends on what you would do with the money if you didn’t repay the loan. If you used the money to make more money than the cost of the interest on the repaid portion, then it’s not, but if it’s less then yes, it would be more profitable.
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