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Hi to all i just need help

New Community Member

Hi to all i just need help

I just want to ask if i can create a installment or recurring payment on paypal but the price per month is base on the formula that i use ? not a fix one 

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Contributor

Re: Hi to all i just need help

Could you explain your question in more detail?  I would like to help but I'm not sure I understand.  Are you asking how to amortize the interest on the amount of payments of installments on credit line payments?  I'm afraid it is a fixed amount, but the rate is always variable tied to prime and always variable based on a number of factors such as how much other outstanding credit is on your line; how much is accrued on "months same as cash" that you have in forebearance, etc. and it is not as simple as you are trying to make it.  (Trust me I used to be a banker and I had a hard time explaining it to people who had finance degrees).  Did I capture a little bit of what you are asking??