Amount Financed:
The entire loan amount minus any fees that is available to the borrower.
For example, if someone borrows a loan of $50,000 and he or she pays the lender $1,000 in fees, the amount financed ends up being $49,000.
The entire loan amount minus any fees that is available to the borrower.
For example, if someone borrows a loan of $50,000 and he or she pays the lender $1,000 in fees, the amount financed ends up being $49,000.
