maksuerä
Maksuerä refers to a single installment in the repayment schedule of a loan or other debt. Each maksuerä typically contains a portion of the principal (the amount borrowed) and the interest charged on the outstanding balance. The sum of all maksuerät over the agreed term repays the loan in full. The size and timing of maksuerät depend on the contract terms, including the interest rate, payment frequency, and chosen amortization method.
Two common structures are used for maksuerät. In an annuity (tasainen maksuerä), each payment is the same
Payments are usually due on a regular eräpäivä (due date), commonly monthly. A missed or late maksuerä
Understanding maksuerä helps borrowers plan their budgets and compare loan options. Some borrowers prefer fixed maksuerät