When a note payable is repaid with blended payments, the same amount of principal is repaid with each payment.

Name: When a note payable is repaid with blended payments, the same amount of principal is repaid with each payment.
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In blended payments, the total payment amount remains the same, but the portion of the payment that goes towards principal increases over time while the interest portion decreases.

When a Note Payable Is Repaid with Blended Payments, the Same