Money · RATIOXA GLOSSARY
Annuity payment
Level payment that amortises a loan over a specified rate and term.
Simple definition
Level payment that amortises a loan over a specified rate and term.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
At zero interest, the payment is simply loan amount divided by number of months.