# How to calculate loan interest? The system will calculate interest based on the loan amount and loan term, it will not depend on when you repay the loan early. > **For example** > > Suppose you borrow 100 U2U with a loan term of 10 days with an interest rate of 10% of the loan, then to repay the loan you need to pay 110 U2U within 10 days from the date of the loan. > > There is NO difference when you repay on the first day and the 10th day, you still need to pay 110U2U to complete your loan obligation > > Normally, users will choose to maximize the benefits of the loan by paying on the last day. Remember to set a schedule for yourself to avoid exceeding the repayment deadline, the loan will be recalled and the loan asset liquidated - the collateral NFT. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.grofidex.io/features/loans/how-to-calculate-loan-interest.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.