both principal and interest

简明释义

连本带利

英英释义

例句

1.In order to avoid penalties, make sure you pay both principal and interest on time.

为避免罚款，请确保按时支付本金和利息。

2.When calculating your total debt, remember that you owe both principal and interest.

在计算您的总债务时，请记住您欠有本金和利息。

3.The bank provides a detailed statement showing both principal and interest paid over the year.

银行提供详细的对账单，显示一年来支付的本金和利息。

4.If you only pay the interest, you will still owe the both principal and interest at the end of the term.

如果你只支付利息，到期时仍然会欠下本金和利息。

5.The loan agreement states that I need to repay both principal and interest on a monthly basis.

贷款协议规定我需要按月偿还本金和利息。

作文

When considering taking out a loan, it is crucial to understand the terms associated with repayment. One of the most important concepts to grasp is the idea of paying back both principal and interest. The principal refers to the original sum of money borrowed, while interest is the additional amount charged by the lender for the service of lending that money. Therefore, when you take out a loan, you are not only responsible for repaying the principal but also for paying the interest that accrues over time.Understanding how both principal and interest work is essential for effective financial planning. For instance, if you borrow $10,000 at an interest rate of 5% for five years, you must plan to repay not just the $10,000 you borrowed but also the interest that will accumulate during that period. In this case, the total amount you repay will be significantly higher than the initial loan amount due to the interest.Many people often underestimate the impact of interest on their loans. They may focus solely on the principal amount, thinking that they can easily manage that sum. However, failing to account for both principal and interest can lead to financial strain and difficulty in meeting repayment obligations. It is vital to calculate the total cost of the loan, which includes understanding how much interest will be paid over the life of the loan.Moreover, the type of loan you choose can also affect how both principal and interest are structured. For example, in a fixed-rate mortgage, the interest remains constant throughout the loan term, making it easier to budget your payments. On the other hand, variable-rate loans can lead to fluctuating payments, complicating your financial planning. Being aware of these differences can help you make an informed decision about which type of loan best suits your needs.In addition, it is wise to consider strategies for managing both principal and interest effectively. Making extra payments towards the principal can reduce the overall interest you pay over the life of the loan. This strategy not only shortens the loan term but also decreases the total interest expense. For many borrowers, this approach can lead to significant savings and financial freedom in the long run.In conclusion, understanding the implications of both principal and interest is fundamental for anyone considering borrowing money. By recognizing that loans consist of both the amount borrowed and the cost of borrowing, individuals can better prepare themselves for the responsibilities that come with taking out a loan. Knowledge is power, and being informed about these financial concepts can lead to smarter decisions and a more secure financial future.

在考虑贷款时，了解还款相关条款至关重要。其中一个最重要的概念是偿还本金和利息的概念。本金是指借款的原始金额，而利息是指贷方为借出这笔钱而收取的额外费用。因此，当你贷款时，你不仅要负责偿还本金，还要支付随着时间推移而产生的利息。理解本金和利息的运作对于有效的财务规划至关重要。例如，如果你以5%的利率借款$10,000，期限为五年，你必须计划偿还的不仅仅是你借的$10,000，还有在此期间累积的利息。在这种情况下，由于利息的原因，你偿还的总金额将显著高于初始贷款金额。许多人常常低估利息对贷款的影响。他们可能只关注本金金额，认为可以轻松管理这笔款项。然而，未能考虑到本金和利息可能会导致财务压力和难以满足还款义务。因此，计算贷款的总成本至关重要，这包括了解在贷款期间需要支付多少利息。此外，你选择的贷款类型也会影响本金和利息的结构。例如，在固定利率抵押贷款中，利息在整个贷款期限内保持不变，使得预算你的还款变得更容易。另一方面，可变利率贷款可能导致波动的付款，复杂化你的财务规划。了解这些差异可以帮助你做出明智的决定，选择最适合你需求的贷款类型。此外，考虑有效管理本金和利息的策略也是明智的。向本金支付额外款项可以减少你在贷款期间支付的总利息。这种策略不仅缩短了贷款期限，还减少了总利息支出。对于许多借款人来说，这种方法可以带来显著的节省，并在长期内实现财务自由。总之，理解本金和利息的影响对于任何考虑借款的人来说都是基础。通过认识到贷款不仅包含借入的金额，还包括借款的成本，个人可以更好地为贷款所带来的责任做好准备。知识就是力量，了解这些金融概念可以导致更明智的决策和更安全的财务未来。