With blended principal and interest payments, the equal periodic payments result in the principal portion increasing each period.

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With blended principal and interest payments, each payment includes a portion that goes towards interest and a portion that goes towards principal. As the outstanding balance decreases, the amount of interest included in the payment decreases, resulting in a larger portion going towards principal each period. This leads to the principal portion increasing each period.

With Blended Principal and Interest Payments, the Equal Periodic Payments