Annuity Explained | Lending Boost Academy

Meet another case study performed at Lending Boost, TurnKey Lender’s online business academy.
While being the most widespread and all-familiar approach to loan scheduling, annuity still drives a lot of questions. Not only by consumers but also financial pros get puzzled by this concept from time to time. We tried to summarize the essential features of this amortization method in a short one-minute cartoon.