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How often is the interest paid out?

All interest, regardless of the asset type, is paid monthly at the end of each month.
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There are two available asset types on Debitum. Their principal repayment schedule is as follows:

  • BULLET: You receive interest payments monthly. The borrower settles the entire loan principal amount in one lump sum at the end of the loan term.

  • AMORTIZING: You receive partial principal repayments every month, which progressively decreases the outstanding loan amount.

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