{"id":4399,"date":"2017-12-29T13:03:31","date_gmt":"2017-12-29T18:03:31","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?post_type=encyclopedia&#038;p=4399"},"modified":"2021-08-03T18:31:32","modified_gmt":"2021-08-03T22:31:32","slug":"add-interest","status":"publish","type":"encyclopedia","link":"https:\/\/www.zolo.ca\/blog\/glossary\/add-interest","title":{"rendered":"Add-on Interest"},"content":{"rendered":"<p>Add-on interest is a standard way to calculate the amount of interest a borrower will owe in addition to the principal interest.&nbsp;The add-on interest is an additional sum of money that is added to the principal interest and the entire sum of these two amounts is due on the&nbsp;maturity date. Add-on interest is also&nbsp;referred to as pre-calculated interest, this additional debt owed is typically paid at the start of the loan repayment.<\/p>\n<div class=\"grammarly-disable-indicator\"><\/div>\n","protected":false},"author":22,"template":"","meta":[],"class_list":["post-4399","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia\/4399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/users\/22"}],"wp:attachment":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/media?parent=4399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}