NPER
Number of periods (months) needed to pay off a loan given a fixed payment, rate, and balance. Used to compute term-reduction scenarios — e.g. how much sooner a loan is paid off with an extra monthly payment.
| Audience | Name |
|---|---|
| Engineering (code) | — |
| Design (UI label) | — |
| Borrower-facing | — |
| Do not use | — |
Sources
- Clarity Engine Glossary — NPER