Stuck on an issue?

Lightrun Answers was designed to reduce the constant googling that comes with debugging 3rd party libraries. It collects links to all the places you might be looking at while hunting down a tough bug.

And, if you’re still stuck at the end, we’re happy to hop on a call to see how we can help out.

Change `Total Interest Amount` to `Total Annual Interest` on Borrow Loan screen for clarity

See original GitHub issue

What UI/UX improvements would you like to be implemented:

To change label Total Interest Amount to Estimated Annual Interest.

Currently, Total Interest Amount can be misleading because users might think this is the immediate interest he/she has to pay, which can impact the amount of tokens he/she chooses to mint, especially in situations where a large loan amount is involved.


Issue Analytics

  • State:closed
  • Created 2 years ago
  • Comments:5 (5 by maintainers)

github_iconTop GitHub Comments

ngyingzhongcommented, Dec 10, 2021

@pierregee I don’t think there’s a need to change the wording in the tooltip you pointed out. In this context, it’s quite evident that whatever amount you see on screen (e.g. 0.00023 dTSLA) is the amount of interest you have incurred. The reason I proposed the change for the Borrow Loan screen is because it’s a loan overview page — in this “summary” view, I thought we should be careful with the details.

ngyingzhongcommented, Dec 16, 2021

Let’s calculate the annual interest on the front end, and display

  • Estimated annual interest
  • Total loan + annual interest
Read more comments on GitHub >

github_iconTop Results From Across the Web

What is the Total Interest Percentage (TIP) on a mortgage?
The Total Interest Percentage (TIP) is a disclosure that tells you how much interest you will pay over the life of your mortgage...
Read more >
What are interest rates and how do they work? - Bankrate
APR stands for annualized percentage rate. It reflects the total cost of borrowing by including the interest rate and any fees incurred over...
Read more >
PMT function - Microsoft Support
PMT, one of the financial functions, calculates the payment for a loan based on constant payments and a constant interest rate. Excel Formula...
Read more >
Annual Percentage Rate (APR): What It Means and How It ...
Annual Percentage Rate (APR) is the interest charged for borrowing that ... A fixed APR loan has an interest rate that is guaranteed...
Read more >
Accrued Interest Calculator - Sallie Mae
Paying a little more toward your loan may reduce your total loan cost. *Required. Loan balance*. Interest Rate*. Months of no required payments*....
Read more >

github_iconTop Related Medium Post

No results found

github_iconTop Related StackOverflow Question

No results found

github_iconTroubleshoot Live Code

Lightrun enables developers to add logs, metrics and snapshots to live code - no restarts or redeploys required.
Start Free

github_iconTop Related Reddit Thread

No results found

github_iconTop Related Hackernoon Post

No results found

github_iconTop Related Tweet

No results found

github_iconTop Related Post

No results found

github_iconTop Related Hashnode Post

No results found